Yah theres lots of ppl short. Theres a few reasons to be imo. strenth has been going down since jan and even the new high in march didnt push it up, also plenty of sell vol. still could push a bit higher, but just looking at finex, well, my alts dont care. Could get a short squeeze and a drawdown on some of them but meh. alts didnt care from 850 to 1200, do you think they care if we go to 1250? Well weak hands do, from the vol profile you can see panic sellers at the bottom, and chasers on the top buying the top and getting rekt. Short squeeze will come, but will you care?
