This time, I actually get more and more excited the more I look. The shorts must not have seen real money—rates have been positive for eight straight times. While the bulls are shouldering the costs and still adding to positions, the open interest is piling up by a whole chunk in a single day. Is that what you call “shameless”? Is that what you call “hesitant”? This is putting real money on the table to make a statement. The price has climbed from the 24h low and almost doubled, and the pullbacks didn’t even dig a decent enough hole. The 4-hour momentum is fully aligned across the board—it's basically just missing the step of having “upward direction” written right on your face. You’re still waiting for a retest? What you’ll get is only the taillights fading away. This round I’m standing with the bulls—everything is ready for the foot-washing city; we’ll be waiting to welcome the shorts.
