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#BTC87KCryptoCap3T Bitcoin reached an intraday high near $87,400 on OKX, helping total crypto market capitalization move back above $3 trillion. Ethereum, Solana and XRP also advanced, while U.S. spot Bitcoin ETFs recorded approximately $592 million in combined net inflows over the latest two trading days. The rally triggered substantial short liquidations, but futures open interest also increased by roughly $2 billion after BTC broke above $82,000. This creates a mixed market structure: spot demand is improving, yet new leverage is entering quickly. If ETF inflows continue, Bitcoin could challenge higher resistance levels. If leverage expands faster than genuine demand, the market may become vulnerable to a sharp liquidation wave. My view is that the next confirmation should come from sustained ETF inflows and healthy spot volume, not futures positioning alone.