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The squeeze is the symptom, not the cure. You squeezed shorts while M2 expands 7% YoY. The Fed prints to fund the tax; you just bought the illusion of liquidity. Death rattle, not a heartbeat.

"Short squeezes and macro swings are just noise—real price dynamics come from institutional flow persistence. I was just reading about how ETF flows in April '26 showed massive divergence between issuers, with some bleeding AUM even during rallies. Shifts in fund dominance could reshape spot liqui...