11-09-25

BTC 4-hour chart update (114205)

Fear and Greed: 54 (Neutral), yesterday 49 (Neutral)

BTC Dominance: 58.22% Dominance has decreased from yesterday

Price action: Price consolidating at 114k level. Support at 112k and resistance at 116k.

Premium Index: PI has decreased since yesterday and currently at - 0.056 %.

Funding Rates: FR has decreased since yesterday and currently at 0.0054 %.

Open Interest: OI is at $75.9 B which has increased from
yesterday

Volume: Vol. is at $22.86 B which has decreased from yesterday

To conclude: The market is showing cautious sentiment. Both
premium index and funding rate have reduced. This signals a cautious sentiment among traders who are closing their longs and staying away from trading on the derivatives market. The open interest has increased while the trading volume has decreased. This increases the likelihood of volatility for the short term and traders should exercise tight risk management.