If there were no real strength behind this move, I wouldn’t be saying this. The current rally is clearly backed by strong buying pressure, and with that level of demand in the market, I don’t expect the short-term trend to reverse easily. Just now, as Bitcoin broke above 80K, the Coinbase Premium Gap (CPG) moved sharply into negative territory. This indicates that the current rally is being accompanied by aggressive spot buying on Binance. As I mentioned last week, in the short term, I expect the market to flush out as many short positions as possible while continuing to push investor psychology to extremes and create uncertainty around the market’s direction. Right now, the market is showing clear and sustained buying pressure. Regardless of market direction, leveraged trading should always be kept within a level you can afford to handle and backed by strict risk management.(mignolet)