$BTC many longs, bears shouldn't try to scare people with high levels——the spot order book is pinning the sell wall to the ground and grinding it down, and a buy wall of more than twenty times is basically a death warrant for the shorts. Aggressive buying is two and a half times the other side, the spread is so tight it bites down hard, and the price has stayed glued to the 24-hour high without giving an inch, with spot quietly accumulating筹. One more cut on valuation: it's still more than 30% below the all-time high, so calling a top here is basically handing a knife to the shorts.