Now this is getting interesting: price bounced straight up from the lows on a massive bullish candle. It got slammed down, then rallied back, shook things out a few times, and pushed higher. Aggressive spot buying is crushing the sell orders, and buyers account for the overwhelming majority of trading volume—this isn’t a bounce; it’s a hard-fought scramble for coins. Open interest in futures is climbing in tandem, with both volume and price rising, while funding rates are still in negative territory. That means shorts are stubbornly holding their positions, basically giving longs free fuel. I can see this momentum with my own eyes. The bears are looking in the rearview mirror now; by the time they catch on, they won’t even see our taillights.