29-09-25
BTC 4-hour chart update (114089)
Fear and Greed: 50 (Neutral), yesterday 37 (Fear)
BTC Dominance: 59.00% Dominance has increased from yesterday
Price action: Price is up 1.78% from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at - 0.05 %.
Funding Rates: FR has decreased since yesterday and currently at 0.0004 %.
Open Interest: OI is at $63.24 B which has increased from
yesterday
Volume: Vol. is at $21.62 B which has increased from yesterday
To conclude: Predominantly the market is showing bullish signals. The premium index has decreased which highlights that the price increase was led by spot market activity. The funding rates have decreased and this means that trader sentiment is bearish and are opening shorts. Market liquidity has increased, as witnessed by increasing open interest and trading volume. Traders must be vigilant because with increased open interest comes increased volatility and a CME gap opened up around 109696.
