Lithium ore prices have surged another 20% this year, directly fueling the upward momentum of mining stocks on the Australian Securities Exchange. How fierce is this market? The bears are forced into a situation where they have to close their short positions and cover their shorts intensively. This kind of forced covering of negative positions often indicates that market sentiment has completely reversed—from bearish to bullish, and sometimes even overdone. For those who focus on commodities and trading opportunities, such contrarian indicators often reveal a lot.