The market is already clear at this point—prices have been yanked from the bottom straight back up. The four-hour candle line is pulling upward like it’s been injected with energy, stacking consecutive bullish candles. The 20-period moving average is being stepped on from below, and the trend is twisting firmly into a single direction. So what if the open interest has dropped? That’s the shorts cutting positions and admitting defeat. The orders they cut become fuel for the rise. In the spot market, buying pressure is suppressing selling; each sell is met with a buy. The bid stack is thick and solid like a wall. The index gets pushed upward, and this rebound isn’t a weak one—it’s climbing while stepping over the bodies of the shorts. If you’re still hesitating at this point, you only deserve to watch from the sidelines as dust settles later.