$LAB is doing it again.

It looks like whales and market makers are taking advantage of the crowd's bearish expectations. Many retail traders are aggressively opening short positions, expecting a sharp dump, while the price continues to climb through repeated short squeezes.

This strategy has worked before. As shorts get liquidated, buying pressure increases, fueling further upside and allowing larger players to benefit from negative funding rates.

As long as retail remains heavily positioned on the short side, the squeeze may not be over yet. #LAB #Crypto