The Coinbase premium index has not kept up with prices in the recent rally, leading to a price drop. Currently, the market is in a negative zone, but there may be a breakthrough to continue the upward trend.

The funding rates index is decreasing, which is a positive signal for the bullish market.

The open interest index has been increasing in recent days. The decrease in funding rates and the increase in open interest indicate that many people are opening Short positions. When prices fall while open interest rises, it also suggests that Short positions are being opened.

The price is expected to move sideways during the Christmas week, after which it will start to show distribution movement.