And you still call this sideways action? Price is hugging recent highs, open interest has surged nearly 10% in a day, and it’s barreled straight into the strong-bullish quadrant—is this sideways consolidation? The throttle’s welded to the floor. Of the last six four-hour candles, three closed green. The trend is pointing up, and momentum is still pushing into positive territory. Shorts are waiting for a pullback to get in, but they may be waiting in vain. On the positioning front, whales are more than 70% net long—real money is on the line, not just retail traders piling in for fun. That little outflow in large spot orders isn’t even enough to pick the teeth of futures buying.