Fundamentals continue their local strength which opens the door to mid-80s, which is the cost basis of short term holders. Futures markets have been powering this move, these are shorter term buyers. This type of liquidity has draw backs, including whipsaw price movements to hunt liquidations. Beware this will be a bull trap, the bottom structure has not formed yet. From the liquidity picture I'm looking at we are around 1/3 of the way through the bear market.