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This index has continuously surged over the past 4 days to a level of 40 points(. 20 points is considered a level of excitement, while 40 points is deemed extreme and very high).
This index has grown to an extreme level as the price of $Btc continues to accelerate from the $116k range to the $123k level.
This index should not be maintained at a high level for too long.
As the prolonged maintenance is showing a trend of reinvestment generating continuous real profits for the short-term investor group, which often comes with large margins and leverage in a short time.
The above on the common model creates a market context at an extreme local level when the cash flow is overly concentrated in $Btc.