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It's not a bull run, it's a typical short squeeze with more room to go up.
The bulls are gradually oscillating upward, gradually covering the short volume. Both US stocks and gold are declining, yet BTC is rising against the trend, which is quite abnormal and puzzling.
Overall, this is just a Wave 4 dead cat bounce at the weekly level. The bounce high will likely be below 80k. Currently breaking through 74.5k, the next level to watch is 77k.