MSTR has been walking on seven consecutive bullish hours and five positive candles over the last four hours, pushing forward with the current price charging well above the short moving average—so much so that even pullbacks feel like they can’t be bothered to “perform.” The key is that the leverage side hasn’t dropped the ball. Seven hours’ worth of position size directly expanded by more than 20%, with active buy orders still pressing down on sell orders to sweep the book. The bid on the spot order book is waiting at a 1.37 ratio to take the incoming volume—so is this easing the throttle on both trend and positioning together? The shorts are still flipping through the old playbook looking for catalysts, essentially driving while staring only at the rearview mirror—cannon barrels are right in your face, yet they’re still calculating distance.