LINK This journey has climbed up from the lows—over the past four hours, there were six candlesticks with five bullish ones, and the price has already pulled far above the moving average. But that’s not the real point. What’s genuinely interesting is that the leverage spot long/short ratio doubled within just twelve hours. The big-account long/short ratio has risen to nearly two times. The share of long positions is approaching 70%. As it keeps going up, more and more people are borrowing money to pile in. These chips are held even tighter than in an iron can. In spot trading, there hasn’t been a single net outflow candle for three hours—everything is positive numbers. I’m too lazy to listen to the bears anymore. No matter who it is, nobody can clearly see who’s really controlling the short side from the chart.