Coinbase Premium Index is facing resistance. If it breaks through, the real uptrend will start. I am watching this zone.

The Open Interest resistance zone has also been drawn. If it is manipulated, there will be a correction, but if it breaks with high volume, the uptrend will continue healthily.

The short-term funding rate has reached an extreme level. I see the curiosity of small investors about a rally.

In short, I think there will be a rally after the correction to clean up the market.