BTC You’re simply not prepared for the kind of short squeeze we’re soon going to see. Over the past 2-3 months, futures CVD has moved lower aggressively while open interest has continued to build. This suggests that perps have been heavily leaning short, with futures CVD now sitting around levels last seen near the bear market bottom. If spot demand starts picking up from here and selling pressure begins to fade, I believe these shorts could quickly become fuel for a major move back to the upside. There is a lot of leverage waiting to get squeezed, and once momentum shifts, I expect the move to be violent.