#BTCRebound Today, Bitcoin broke out of a tight trading range and broke through the $87,000 level. This move by BTC is directly related to a short-term short squeeze and liquidation of short positions totaling $170 million over the past 24 hours, which also triggered the growth of many altcoins. However, US stock market futures officially opened lower after a three-day weekend, which may lead to a pullback when trading on US exchanges begins.

📊 According to CryptoQuant, the current Bitcoin price decline is most likely a typical correction rather than a full-fledged bear cycle.

🪙 Investors continue to buy gold. Its price reached a new historical maximum, exceeding the $3,384 mark.