06-01-25

BTC 4-hour chart update (10158)

Fear and Greed: 76 (Ex. Greed), yesterday 72 (Greed)

BTC Dominance: 57.51% Dominance has increased from yesterday

Price action: Price is up about 3.6% from yesterday.

Premium Index: PI has increased since yesterday and currently at -0.0401 %.

Funding Rates: FR has increased since yesterday and currently at 0.0142 %.

Open Interest: OI is at $48.97 B which has increased from yesterday

Volume: Vol. is at $34.77 B which has increased from yesterday

To conclude: The market is displaying bullish signals. Positive funding rates suggested a bullish bias as more traders are opening longs. The increase in premium index points to increase toward speculative-driven price. However, premium index is still primarily negative, which is bullish. This, coupled with rising open interest and trading volume, signals at optimistic market sentiment and potentially strengthening buying pressure.