The small adjustment rhythm I mentioned happened yesterday.
Today, the data has improved a bit; this adjustment rhythm is likely to continue rising.
You can observe that the overall Funding rate has turned red, which is inherently a positive signal for bullishness.
Additionally, BTC has not yet exited the 2 year MA Multiplier.
When $BTC drops below that line, then it will confirm the downtrend, everyone!
This indicator has very accurately signaled the downtrends of 2018 and 2022.
