$SPCX Big-bid heads have been accelerating for seven hours, still squeezing further into the long side. Meanwhile, the short base position remains completely unmoving—this short, I’m locking it in. The speed of adding to the head positions has thrown the real-gold positions far away, yet over there the short orders still press the long orders down to two times or more— the more jubilant the run, the more it looks like it’s feeding fuel to the shorts. The contract exchange’s buy-side order book can’t even touch half, and the sellers have chewed up most of the traded volume—on the shorts’ side, the footing is getting firmer and firmer.
