In a recent analysis of the cryptocurrency market, TraderOasis has indicated a potential rise in price due to the approaching daily gap level. The level expected to act as support has been identified on the open interest indicator.

Despite a price fall after breaking the Coinbase Premium Index trendline, the indicator continued to rise, which is seen as a positive sign. The funding rates also show an increase in bullish trades, suggesting an upcoming uptrend following a final round of market manipulation.

Furthermore, the Estimated Leverage Ratio has seen a rise, indicating that traders are opening highly leveraged positions. A healthy market manipulation could potentially weed out these high-risk players.

Lastly, the decrease in selling pressure is evident from the increase in the total amount of coins transferred from the exchange. This is further supported by Coinbase's advanced data showing a positive and gradual increase. Overall, the market outlook appears optimistic.