What industry has the highest price tag in the market?

In a short-squeeze scenario, they stubbornly keep shorting.

$AKE The current trend is a typical example: the price keeps climbing, and everyone is shouting that a new bull market is starting, yet the open interest is steadily falling in tandem.

What does this mean behind the scenes? There’s almost no new off-exchange money entering to pump and push prices higher—the only thing driving the rise is passive buy pressure created by short liquidations and panic covering.

The funding rate is still negative, indicating that traders who want to short are still everywhere in the market.

As long as shorts are still being forced to close and surrender, this uptrend will continue.

But once the final batch of shorts fully capitulates and exits, the chart will flip and hit hard the long positions that chased buys and took the bag at the highs.

Many watch the roaring, dramatic violent pump, and the crash comes even faster than the rally.