#ReboundRally “So far we have flipped the first VWAP resistance (green arrow), and if we can flip the second one at 98.5k, then all time highs can be tackled. Coinbase premium also looks like it wants to break the downtrend (blue line).”

BTC/USD 2-hour chart with Coinbase premium data. Source: Bitcoindata21/X

The chart additionally showed a rebound in the Coinbase premium, reflecting increased buying pressure during US trading hours.