It is absolutely baffling to me.

We just broke ATHs whilst currently putting in a lovely retest...

And the timeline is bearish af.

In addition to this extremely bullish PA we have:

- A Golden cross

- Funding almost negative(favouring shorts)

- Very high Open Interest

- Long term holders buying and short term selling

What does this tell us?

That the vast majority are bearish whilst the PA is insanely bullish.

This means two things:

1: We are going to get volatility, very likely a short squeeze

2: We have nowhere near topped out

At tops, funding is ridiculously high because market participants are max longing everything because everyone is bullish af.

The fact that this is not happening, and that after every single tiny drop shit loads of bears come out...

Tells us we are nowhere near the top.

Do not beware when all you see are top callers.

Beware when you do not see any.