When the price was being pushed upward, the open interest expanded by nearly two tenths in a single day, and the leverage lending ratio surged by more than eighty percent—bulls are borrowing money to add positions, not just talking. All the moving averages are below your feet, and out of seven K-lines there is only one green—this spark just can’t be put out. The bears still hold on to the low from two weeks ago as their belief; I don’t blame them. After all, when you see the price crawl out of the pit, no one wants to believe otherwise. But this market has me gasping for breath. New positions are still charging in, and the spot large orders haven’t been withdrawn—who else would stand on the other side, waiting to get crushed?