07-09-25
BTC 4-hour chart update (110952)
Fear and Greed: 44 (Fear), yesterday 48 (Neutral)
BTC Dominance: 58.60% Dominance has decreased from yesterday
Price action: Price has regained its ema ribbon and resistance at 112k level.
Premium Index: PI has increased since yesterday and currently at - 0.0364 %.
Funding Rates: FR has increased since yesterday and currently at 0.0072 %.
Open Interest: OI is at $69.22 B which has increased from
yesterday
Volume: Vol. is at $9.72 B which has decreased from yesterday
To conclude: The increase in funding rate signals an improved trader sentiment, with opening of fresh long positions. While the open interest has increased the trading volume has decreased. This may cause higher volatility and the increase in premium index further highlights the probability of volatility.