$POPCAT The closing price pushed right up against today's highest point, and it's just one thin layer of window paper away from setting a new record. Why say much about a ticket that’s basically pressed to the ceiling? In one night, the futures contract open interest swelled by more than ten percent. The long/short quadrant was neatly locked on the long side, with money lining up and pouring into the longs. What’s even more deadly is that over the past four hours, it printed six straight bullish candles—none of them turned green-to-red; momentum is still pushing higher. Small-cap stocks spike with exactly this kind of behavior. This time it’s the rhythm of charging for a new high—I’ve nailed it down on the long side.