#BTCRebound Today, Bitcoin broke out of a narrow trading range and surpassed the $87,000 level. This BTC movement is directly related to a short squeeze in the short term and the liquidation of short positions totaling $170 million in the last 24 hours, which also triggered the growth of many altcoins. However, U.S. stock futures officially opened lower after a three-day weekend, which may lead to a correction when trading begins on U.S. exchanges.

📊 According to CryptoQuant, the current drop in Bitcoin's price is very likely a typical correction rather than a full bear cycle.

🪙 Investors continue to buy gold. Its price reached a new all-time high, surpassing the $3,384 mark.

🇨🇳 China has issued severe warnings to countries considering trade agreements with the United States that could harm China's interests, and has threatened to retaliate against those who do.