$LINK The time for the bears is running out; in this round I’m standing long! In the contract, the active buy-side order ratio is nearing 60%. Over the past seven hours, net buying volume has also delivered an increase of nearly 70%. The long-short ratio has been pushed up so that the sell-side is nearly 1.5 times higher. The negative basis is contracting and repairing, while the positive funding rate is still propping things up—this fire of leverage hasn’t gone out. After a rise of more than 14% over seven days, with strong growth in open interest not dissipating, that bearish candle on the daily chart is simply washing out those without conviction. The trend isn’t broken, and the bears are waiting for a ride-up.