The bull season hasn't arrived yet, but it seems the bullish hype season has. I see those trading in false hope with every green candle, but I haven't seen a confirmed trend reversal yet.

For a trend reversal, #Bitcoin needs to close above $81,500. If the price stays above the $72,750 support level, it could be a trap. Based on my on-chain analysis, I believe it's rising due to increased short positions. $BTC