10-05-25
BTC 4-hour chart outlook: Neutral
Fear and Greed: 70 (Greed), yesterday 73 (Greed)
BTC Dominance: 63.08% Dominance has decreased from yesterday
Price action: Price traded in a tight range without any bias to either side.
Premium Index: PI has increased since yesterday and currently at -0.0337 %.
Funding Rates: FR has increased since yesterday and currently at 0.0083 %.
Open Interest: OI is at $48.6 B which has increased from yesterday
Volume: Vol. is at $14.4 B which has decreased from yesterday
To conclude: Market sentiment is leaning bullish as witnessed by increasing funding rates and premium index which point to increased buying pressure at the speculative market. The drop in trading volume indicates weekend market, potentially leading to consolidation with unclear directional momentum to either side. However open interest has increased which highlights that traders are still willing to lock liquidity in contracts.