I'd have thought that: 'not much volume in total' == not plenty....

I'd have thought that: 'not much volume in total' == not plenty.
Price drifting up means marginally more buy than sell. (seems normal with impending prospect of short term gain) (same gain potential in 3 weeks > same gain potential in 6 weeks hence price goes up a bit about now.)

Also we could factor in anyone (significant) actually stocking up doesn't want to spook a run.

and Id have thought this horse(tis) has been to the well so many times in the fairly recent past that Id have thought most people would have,
either acquired a stake as large as their risk management sense felt they should,
or had got spooked and bailed out piecemeal (totally or to risk level they felt was better) during the lulls.

Me; I am no hands at the front the coaster saying wheeeee.
people jumping off, are not even interesting.
Someone with at least $200K (and the due diligence to go with it) bought in.
Someone else (who may have had considerably more than $200K) lessened their risk profile.

Wheeee. (lets see if it is actually a rocketship)(they often come down eventually too BTW)