Wondering why $USTC is pumping?

It's not just a coincidence. The breakout from a 72-week downtrend and a falling wedge pattern unleashed pent-up pressure.

Mass liquidations of short positions further fueled the rise. Short squeezes, like AMC and GameStop, involve forced buying, triggering FOMO and exaggerating price spikes.

USTC is now on the path to its next long-term bullish target.