#比特币突破8.7万美元创八个月新高
👉 8.7 万上方的空头

During the day, Bitcoin briefly touched $87,385.

This is the highest level in eight months.

The current price has returned to and is ranging around $86,300.

On Monday, spot ETF net inflows were about $999 million.

A week ago, capital was still seeing net outflows.

In the past 24 hours, more than $1 billion in positions was liquidated.

Of that, more than $800 million was short positions.

Open interest rose along with it, up 8.44%.

Short-covering pushed the price higher for a bit.

JPMorgan compared it side by side with gold.

Gold ETF outflows for the full year have already been fully repaired.

Bitcoin ETF has only been repaired halfway.

Once defensive short positions loosen, the upside potential is larger than gold’s.

The price has been moving back and forth between $85,000 and $87,400.

The leveraged portion has already been cleared through one round.

The staying power of spot buying is the foundation of this move.

Volatility dropped after spiking.

Research institutions are looking at the next level around $90,000.

For crypto, the short-covering rally moves fast—and it retreats fast too.

Do you think this wave can hold above $90,000? Let’s chat in the comments.