04-05-25

BTC 4-hour chart outlook: Cautious

Fear and Greed: 64 (Greed), yesterday 65 (Greed)

BTC Dominance: 64.95% Dominance has increased from yesterday

Price action: Price is down half a present from the close of yesterday.

Premium Index: PI has increased since yesterday and currently at -0.042 %.

Funding Rates: FR has increased since yesterday and currently at 0.0008 %.

Open Interest: OI is at $42.5 B which has decreased from yesterday

Volume: Vol. is at $11.4 B which has decreased from yesterday

To conclude: A cautious market prevails, evidenced by increased funding rates and premium index, signaling a move towards bearish market sentiment. Similarly, reduced trading volume and open interest points to reduced market liquidity which could be nothing to be concerned about due to weekend volume historically being low.