Hourly TF so its not 100% accurate, but it gives the general idea. Shorts increasing with price indicates buying of own shorts. Closing position creates price spike, but occasionally they are closing shorts into their own sells. Very hard to track all the movement but I have the bulk of it shown here . They are still acquiring positions but that has slowed down. We cant go up until this whale eater closes his position. Bulls will most likely be exhausted by 6,6 and 6-8 and its at that moment they will proceed to dump on us. Remember, this isn't a normal short position. This is market manipulation at its finest. The closing of this short will most likely be the V bottom of capitulation and BTC will be able to start its new cycle. Good luck and be careful holding short positions below 6k. If they close the bulk of their short in a single trade then you will be swallowed up and probably liquidated immediately. From what I cant count, they have opened aprox. 13k shorts and closed about 2k. 11k to go. Keep in mind that this is hourly TF so lots of other positions have snuck into the candles, but they are minuscule by comparison. There is a chance the bulls can create a squeeze, but its gonna take a lot of work.