In a recent analysis by TraderOasis, it was noted that open interest continues to maintain the set price level, indicating a stable market condition. Despite the price action market breakout not yet materializing, the Coinbase premium index has already experienced a breakout, which is a positive sign for the market.

Moreover, funding rates are still at low levels, suggesting that there is still room for growth and potential for increased market activity. TraderOasis also expressed optimism for the future, expecting a daily gap up. This analysis aligns with the current market trends and presents an optimistic outlook for the blockchain industry.