Funding rate is a little high which makes me think we could do a short term pullback and fill the cme gap. Traditional markets have some gaps to fill as well. Doesn't have to happen, but possible.
Considering there's a premium in cme vs. spot price, spot price should wick down to around 54k if this happens.
Considering there's a premium in cme vs. spot price, spot price should wick down to around 54k if this happens.