An update to this a little over 24 hours later. We continue to see signs of a shift in momentum here. Funding is now oscillating between negative and positive, and much more "neutral" than it was during our correction from the range highs. Spot premium has also recovered and is no longer dropping as it was during the decline. There is clearly some buying interest (or lack of selling interest) here at the 60k range lows. In the short term I would not be surprised to see one more marginal lower low to clean up the lows but overall this is good progress. We want to continue to monitor these metrics over the next 24-48 hours to see if they continue to improve (more consistent negative funding and/or stronger spot premium). BTC(CrediBULL Crypto)