#日内交易策略 Bitcoin has indeed set multiple historical highs recently.

At 00:00 UTC on July 10, the price of Bitcoin first broke the $112,000 mark, with an intraday increase of up to 3%. On July 11, Bitcoin continued to rise to a new historical high. As of 07:42 UTC on July 11, the price of Bitcoin had increased by over 3%, reaching $115,671.71, having earlier briefly surpassed $117,000, with a daily increase of over 5%.

The new high for Bitcoin is mainly due to the following reasons:

- Short covering drive: On July 10, there was $280 million in Bitcoin shorts at a critical level.