19-09-25

BTC 4-hour chart update (115476)

Fear and Greed: 53 (Neutral), yesterday 52 (Neutral)

BTC Dominance: 58.02% Dominance has increased from yesterday

Price action: Price is down 1.42% from the close of yesterday.

Premium Index: PI has increased since yesterday and currently at - 0.0442 %.

Funding Rates: FR has decreased since yesterday and currently at 0.0062 %.

Open Interest: OI is at $76.99 B which has decreased from
yesterday

Volume: Vol. is at $20.96 B which has decreased from yesterday

To conclude: The market is showing cautious signals. The speculative fervor has increased as witnessed by the increase in premium index. The trader sentiment is risk averse signaled by decreasing funding rate. The open interest has decreased and this means traders took profit and closed their long positions. The trading volume has decreased which points to waning interest. As long as price holds 110k or close to that level there should be no panic and we should continue to new ATH.