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This rally has been very clean.
And its not showing signs of stopping yet.
This whole move has been supported by the most amount of spot volume we have seen in a very long time.
In addition, funding is the most negative it has been since the $60k bottom.
Basically, there are a lot of trapped shorts and they're having to pay large fees to keep their positions open.
They're getting squeezed very hard...
And because this is a spot driven rally, price is holding strong and not giving them a way out.
My view is that this rally ends with a large short squeeze, and soon.