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On Tuesday, the broader crypto market saw mixed performances as investors look to be treading cautiously before the release of FOMC's minutes this Thursday. As of the time of writing, BTC remains below the $30k support level despite gaining 1.7% of its market value in the last 24 hours. The largest cryptocurrency by market cap is still very much range-bound with a key overhead resistance level sitting near the $30.6k mark. A clear break above this level could usher in more sustained momentum that will likely propel BTC to surpass the $31.2k resistance level. While all's quiet in the spot market, the BTC-denominated open interest (OI) in perpetual contracts is fast approaching new heights. This growth in OI, when viewed in tandem with the neutral funding rates, may likely foreshadow some major moves within the market.