From a TA pov you look at the Monthly or 3M and you see it is a clear downtrend under the 200 EMA. The MACD looks like it is getting worse with more sellingpower. It looks like it is going for a triple bottom. That is how Technical Non Bias Traders will look at this chart and that is exactly how they want you to see it.
XRP also looked shit before the surge.
If you believe that this is a shortsqueezeplay, you shouldn't make the obvious conclusions.
Fundamentals...well yeah happy that they improve but this stock has proven that it does not move on fundamentals. This is a manipulated stock. It can cure cancer and the stock can still come down on the short term, but at the same time we all know that the next candle can be THE candle.