13-05-25

BTC 4-hour chart outlook: Cautiously Optimistic

Fear and Greed: 70 (Greed), yesterday 70 (Greed)

BTC Dominance: 62.54% Dominance has decreased from yesterday

Price action: Price bounced of the 50 ema and currently up 1.53% from the close of yesterday.

Premium Index: PI has decreased since yesterday and currently at -0.062 %.

Funding Rates: FR has decreased since yesterday and currently at 0.0063 %.

Open Interest: OI is at $52.25 B which has increased from yesterday

Volume: Vol. is at $30.6 B which has decreased from yesterday

To conclude: While the price has seen an uptick in past 24-hour the bearish bearish threat is still present. The concurrent drop in funding rates and premium index points towards a potential bullish undertone as traders unwind long positions. This contrasts with the expanding open interest, which injects more liquidity into the market and elevates the risk of heightened volatility in the near term.