Can CHZ short sellers count on bullish exhaustion for a sizable retracement?

CHZ surpassed bearish expectations last week in favor of more upside. Directional uncertainty loomed as investors’ whale activity tanked. Roughly one week ago, AMBCrypto looked into Chiliz [CHZ] after it demonstrated signs of a potential retracement. However, the market took a different turn this week after the recent Bitcoin [BTC] rally…