#Share1BNBDaily

04-01-25

BTC 4-hour chart outlook: Cautious

Fear and Greed: 73 (Greed), yesterday 74 (Greed)

BTC Dominance: 56.93% Dominance has decreased from yesterday

Price action: In the last 24 hours, the Bitcoin price has seen a minor price decrease. Support at 96k and resistance at 100k.

Premium Index: PI has increased since yesterday and currently at -0.0155 %.

Funding Rates: FR has decreased since yesterday and currently at 0.0137 %.

Open Interest: OI is at $46.761 B which has decreased from yesterday

Volume: Vol. is at $23.982 B which has decreased from yesterday

To conclude: Both open interest and trading volume have experienced contraction. The decrease in volume indicates a degree of apprehension among traders. The increase in the premium index suggests that speculative activity may be dominating, potentially leading the market to a more volatile environment. However, a decrease in open interest suggests that the market is less prone to erratic price movements. Falling funding rates indicate an influx of short positions, which could exert upward pressure if not balanced by sufficient selling positions.