so we hit the 7.8 mark, Shorts are squeezed out, but the longs are trapped because there is no clear sign of trend reversal, which would make this a bull trap. Id expect a drop from here, a race to 5.2, or 4.9 if breakthrough. Then go pick out your lambo:)
Comment:
well it broke through top side, Im still not convinced its bullish yet. We made a run to 10k last time if you remember then a rapid split to 6k. so ill wait..