#Share1BNBDaily

03-01-25

BTC 4-hour chart outlook: Cautious

Fear and Greed: 74 (Greed), yesterday 70 (Greed)

BTC Dominance: 57.02% Dominance has decreased from yesterday

Price action: price is up about 1.35% from yesterday. Support at 96k and resistance at 100k.

Premium Index: PI has decreased since yesterday and currently at -0.0271 %.

Funding Rates: FR has decreased since yesterday and currently at 0.0147 %.

Open Interest: OI is at $49.07 B which has decreased from yesterday

Volume: Vol. is at $28.56 B which has decreased from yesterday

To conclude: Bitcoin price increased slightly over the past 24 hours. Open interest and trading volume decreased, suggesting reduced liquidity and participation. Funding rate decreased, potentially signaling a short-term bearish bias due to short positions being opened which gives opportunity for market makers to hunt for liquidations. The declining premium index suggests strengthening spot market demand relative to speculative derivatives. Overall, the combination of neutral price action, decreased liquidity, and shifting market dynamics warrants cautiousness in the near term.