According to Cas Abbé, XRP has experienced strong buyer momentum in recent days, with a significant surge in open interest (OI) on Binance, mostly driven by short positions (source: Cas Abbé, Twitter, May 14, 2025). This increase in shorts against a backdrop of strong spot demand indicates a potential for a short squeeze, which could lead to rapid price movements if shorts are forced to cover their positions. Traders should monitor Binance OI and spot volume closely, as heightened short activity combined with sustained spot buying often precedes volatility and breakout opportunities in altcoin markets.

According to Skew Δ, the early week's trading patterns and their correlation to equities versus gold are critical, as the cryptocurrency market faces significant resistance at the $86K-$88K range. Skew Δ emphasizes the need for consistent multi-day spot demand to sustainably reclaim these levels.

According to Cas Abbé, the Bitcoin Perpetual-Spot gap is narrowing, indicating a potential rise in buyer confidence. This gap turning positive is often seen as a bullish signal, suggesting that spot demand may soon surpass futures. Traders should monitor these developments closely, as a shift could impact Bitcoin's market dynamics significantly.