The pros are still debating 'how many bucks it can pump,' but as soon as it hits a certain price, it crashes back down—at the core, they just don’t understand market structure. It’s not about how high the price can go, but about how much liquidity is left to squeeze. Stopping at 12.5 isn’t because there’s no money to pump, but because there are no more retail traders to take over + their own longs got ADL’d. Open interest has already dropped from 100M to 60M—that’s the signal right there. As long as there’s liquidity and people willing to short as counterparties, the pump can continue. At its core, this is an unfair game. It’s not about FDV being too high to pump—it all depends on how many suckers are still standing on the other side.