There is currently no buying happening in the Spot market for $RAVE The price is being pumped strictly through Futures Long positions. If you look at the data, there is regular selling occurring in Spot.

​Furthermore, Open Interest (OI) has dropped significantly, crashing from $35 Million to just $11 Million.

​This looks like a trap for those entering "Late Longs." Investors who jump into Long positions at the top due to FOMO are likely to get caught in a market reversal.