Price analysis shows that the bullish scenario for the 0.5 Range structure has performed well. We will wait for the blue line, the old Ath level, to act as support.
The Coinbase Premium Index has signaled a bullish trend upon breaking out, and the price has increased. Currently, we are at an important resistance zone. We will wait for this price, which has been resistance many times, to now become support.
The open interest index is moving along with the price, which is a positive signal. There are no concerning issues.
The funding rates index has begun to rise again, indicating that confidence in the bullish trend is returning, but it has not reached extreme levels. If there is excess, I will consider it.
There has been a significant sell-off on the Exchange Netflow Spot Exchanges index. Consider taking profits on long-term trades.