12-05-25

BTC 4-hour chart outlook: Cautious

Fear and Greed: 70 (Greed), yesterday 70 (Greed)

BTC Dominance: 62.74% Dominance has decreased from yesterday

Price action: Price has seen a 2.2% correction from the close of yesterday.

Premium Index: PI has decreased since yesterday and currently at -0.0486%.

Funding Rates: FR has decreased since yesterday and currently at 0.0074 %.

Open Interest: OI is at $50.5 B which has increased from yesterday

Volume: Vol. is at $33.04 B which has increased from yesterday

To conclude: Declining funding and premium rates suggest a potential accumulation phase as long positions are being closed. However, rising open interest and trading volume point to lingering caution and the likelihood of continued volatility.