Postaus

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.