Why did BTC rise in an insane way? It literally has a vertical increase, nothing gradual. Reviewing this phenomenon, I realize that this is not because external money has entered, but because multiple short positions were canceled and long positions were entered. This is known as a short squeeze 💦. When there is an unexpected price change, short sellers panic and jump onto the opposite trend. All of this leads to a cascading effect, causing the price to rise as if there were no end, since there is no resistance and bulls take complete control. Likewise, this affects other cryptocurrencies due to the mirror effect. The detail with this is that when there are no short positions left to cancel, the party is over; there is no fire without fuel, and that’s when the bounce comes, since it is not an organic rise, there is no incoming money backing it. The only way to avoid the bounce is to add external capital to BTC, which would consolidate it.