Coinbase is making strong and impulsive rally away from the lows, which should be completed by a five-wave bullish cycle from Elliott wave perspective. We have seen some slow down for the last couple of months, but it looks like a clean wave 4 correction that can send the price higher into a 5th wave later this year. Considering a positive correlation with the cryptocurrencies, it can also help Crypto market to stay in the bullish trend.