08-05-25

BTC 4-hour chart outlook: Bullish

Fear and Greed: 65 (Greed), yesterday 67 (Greed)

BTC Dominance: 64.79% Dominance has decreased from yesterday

Price action:  Price is up 4.2% from the close of yesterday.

Premium Index: PI has decreased since yesterday and currently at -0.0447 %.

Funding Rates: FR has increased since yesterday and currently at 0.0083 %.

Open Interest: OI is at $48.08 B which has increased from yesterday

Volume: Vol. is at $42.1 B which has increased from yesterday

To conclude: Increasing funding rates point to growing bullish sentiment as long positions are being opened, potentially setting the stage for market makers to hunt for that liquidity. Similarly, rising trading volume and open interest underscore heightened market activity and the need for caution amid this latest move.