BTC A big part of the move was fueled by shorts getting squeezed no doubt. Since that initial high on Friday, actual accumulation has been pretty stable and spot volumes have been relatively high. Open interest has trended down still and there doesn't seem much interest in someone willing to lift price at this area. If we keep seeing (ETF) spot inflows and price hanging around this same area, that would be a signal worth watching in the next days. The shorts have been squeezed, so you need strong spot bid to keep the party going. There has been spot bid, but price needs to keep following through too or the momentum stalls.(Daan Crypto Trades)