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IBRAHIM1crypto
The setup here is looking very healthy.
Irrespective of any kind of incoming correction or not, the overall backdrop of this price structure isn't bearish.
1. Price - We have a very strong impulsive move
2. Funding - decreased on this recent vertical accumulation
3. Open Interest - nuking and stabilising
4. Coinbase Premium - flipping green for the first time in 3.5 months
5. Spot volume - has been very strong
This has been a heavily spot driven rally where Open interest is stable.

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