BTC breaks through $87,000, reaching an 8-month high🚀
Up more than 6% in the past 24 hours; highest hit 87,374
The trigger: about $750 million in short positions liquidated, fueling a squeeze-style rally
There’s also regulatory tailwind behind it (SEC exemption for tokenized stocks) + ETF capital flowing in
📌 The short squeeze came fast—and so did it fade
📌 Don’t chase at the peak of emotion; first see whether it can hold above $86,000
📌 Leverage is a double-edged sword—those who get liquidated won’t make money
📌 Position management matters more than predicting direction
Have you jumped in? Or do you think there will be a pullback? Let’s chat in the comments👇
$BTC $ETH #BTC #ETH
Up more than 6% in the past 24 hours; highest hit 87,374
The trigger: about $750 million in short positions liquidated, fueling a squeeze-style rally
There’s also regulatory tailwind behind it (SEC exemption for tokenized stocks) + ETF capital flowing in
📌 The short squeeze came fast—and so did it fade
📌 Don’t chase at the peak of emotion; first see whether it can hold above $86,000
📌 Leverage is a double-edged sword—those who get liquidated won’t make money
📌 Position management matters more than predicting direction
Have you jumped in? Or do you think there will be a pullback? Let’s chat in the comments👇
$BTC $ETH #BTC #ETH
