28-04-25

BTC 4-hour chart outlook: Cautious

Fear and Greed: 54 (Neutral), yesterday 61 (Greed)

BTC Dominance: 64.34% Dominance has increased from yesterday

Price action: Price is holding support from the ema ribbon. Although price saw a high of 95.633 today. It is experiencing a selloff as of right now.

Premium Index: PI has decreased since yesterday and currently at -0.0645 %.

Funding Rates: FR has decreased since yesterday and currently at 0.0025 %.

Open Interest: OI is at $41.4 B which has increased from yesterday

Volume: Vol. is at $26.4 B which has increased from yesterday

To conclude: Decreasing funding rates and premium index suggest market stabilization, creating a more supportive environment for prices. Increased liquidity in the form of increased open interest and trading volume point to heightened activity, potentially fueling upward momentum if conditions remain favorable.