Sure enough, the leeks in the square don't like to look at useful technical analysis....

What surprised me is that the funding rate is negative, and the open interest is increasing, which indicates that more people are shorting the contracts, while the price is slowly rising... Not a single person in the vast square could explain the reason, because there are continuous buyers in the spot market.

So the question arises, at what price will these spot buyers sell out?? Is it the 70,000 or 80,000 Bitcoin that the soothsayers are looking at????