05-05-25

BTC 4-hour chart outlook: Cautious

Fear and Greed: 52 (Neutral), yesterday 64 (Greed)

BTC Dominance: 64.76% Dominance has decreased from yesterday

Price action: Price is slightly above from the close of yesterday. Price currently trying to regain its ema ribbon.

Premium Index: PI has decreased since yesterday and currently at -0.044 %.

Funding Rates: FR has increased since yesterday and currently at 0.035 %.

Open Interest: OI is at $42.26 B which has decreased from yesterday

Volume: Vol. is at $21.8 B which has increased from yesterday

To conclude: While increasing funding rates and a lower premium index signal a cautious market, suggesting less speculative pressure. The decrease in open interest and increase in trading volume indicates traders closing their open contracts and significant market activity at spot. This divergence sets the stage for potential volatility in the short term.