Over 29.86 million in trading volume, which means almost no one is trading spot; it's all contracts. More than 80% are going long, and it is estimated that it will plummet 📉, likely around 0.1. Then there will be a surge, pushing it up to around 0.8. This way, going long will lead to a double kill, and the market maker will be thrilled. Those who short without leaving the market early will also get blown up. Those who say that mining and selling simply don't exist; this is a contract, not spot. It just means there are too many going long, in my personal opinion.