27-09-25
BTC 4-hour chart update (109442)
Fear and Greed: 33 (Fear), yesterday 28 (Fear)
BTC Dominance: 58.57% Dominance has decreased from yesterday
Price action: Price is experiencing resistance from 8 ema.
Premium Index: PI has decreased since yesterday and currently at - 0.0467 %.
Funding Rates: FR has decreased since yesterday and currently at 0.0057 %.
Open Interest: OI is at $60.46 B which has increased from
yesterday
Volume: Vol. is at $10.42 B which has decreased from yesterday
To conclude: The market is showing consolidation signs. The
premium index has decreased and this is good for the market as spot market influence has increased on price. The funding rate has decreased and this means traders are bearish. This might be bullish as it creates room for the price to go up. Open interest has increased slightly which increases market pressure on price. The trading volume has decreased and this is not bearish considering it is weekend volume.