06-05-25

BTC 4-hour chart outlook: Cautious Optimism

Fear and Greed: 59 (Greed), yesterday 52 (Greed)

BTC Dominance: 65.05% Dominance has increased from yesterday

Price action: Price has increased 0.40% from the close of yesterday. Price has also regained its ema ribbon..

Premium Index: PI has decreased since yesterday and currently at -0.0454 %.

Funding Rates: FR has increased since yesterday and currently at 0.0057 %.

Open Interest: OI is at $42.6 B which has increased from yesterday

Volume: Vol. is at $19.09 B which has decreased from yesterday

To conclude: A minor market uptick, evidenced by increased funding rates and a falling premium index, suggests growing bullish sentiment. Increasing open interest and decreasing trading volume point towards a potential volatility before leading to further significant price action.