I marked the Coinbase Premium Index resistance zone with an arrow. If this resistance zone is broken, the real uptrend will start. I am following this zone.
I have drawn the Open Interest resistance zone. If this resistance zone is manipulated, we will have a pullback, but if it is broken with volume, the uptrend will continue in a healthy way.
Funding rates have reached extreme levels in the short term. We see the curiosity of small players for a rise.
In summary, I think there will be a rise after a correction for cleaning purposes.
Written by TraderOasis
