I saw that Bitcoin made a nice jump of about 5% on Monday, but what's interesting is: it didn't really come from new buyers jumping in en masse. According to analysts, it was mainly short-covering that moved the market. So traders closing their short positions, not fresh money coming in.

That's actually a pretty important distinction, right? Because a jump based on short-covering looks spectacular on the charts, but it doesn't necessarily mean there’s new demand for Bitcoin. It’s more technical than fundamental. So for those who think this is the start of a bigger rally, I would be cautious. Keep a close eye to see if genuine buying follows afterward.