Any news as to why the price jumped today? Was not expecting price to bypass $6740 so strongly.
Anyone know what the shorts vs longs are now? Did many of the shorts decide to cut their losses and bail, or have their stops hit? I'm not certain if this was enough to cause a liquidation on the margin markets that are spot.
28.7K long 34K short
A bit narrower, but as you suspect, we need moar up. $7.2-7.4K would decimate them.
edited for stupid