At the current rate, it looks that more likely price to defend current support and going higher.
1. Based on the pi cycle indicator, we are entering the fair value zone. Between the 111 dma and 350 dmax2.
2. Yes the funding rate is hiking, but we’re not yet seeing the people in overleveraged position. Still far below the end of 2025 bull market.
More likely, we see continuation above before the flush comes. Retails are still in the sideline, we are still at the institutions zone of reaccumulation.#APR $BTC