The idea is simple. When you look at the lows of summer 2021, shorts were around the same level they are today.
January 21, 2022 we see a spike in shorts and prices reach macro support levels. If this bid to crash DOT doesn't work then the short squeeze that coming will be akin to the one over the summer and we can expect a 200% plus pump between Feb and March.
My guess is that this spike in shorts are retail shorts that are about to get wrecked.
January 21, 2022 we see a spike in shorts and prices reach macro support levels. If this bid to crash DOT doesn't work then the short squeeze that coming will be akin to the one over the summer and we can expect a 200% plus pump between Feb and March.
My guess is that this spike in shorts are retail shorts that are about to get wrecked.