25-12-24

BTC 4-hour chart update (98.852)

Fear and Greed: 73 (Greed), yesterday 70 (Greed)

BTC Dominance: 58.28% Dominance has increased from yesterday

Price action: Price traded in a tight range today and is slightly up from yesterday’s closing. Price is above the ema ribbon and 200 ema.

Premium Index: PI has increased since yesterday and currently at -0.0083 %.

Funding Rates: FR has increased since yesterday and currently at 0.0153 %.

Open Interest: OI is at $63.64 B which has decreased from yesterday

Volume: Vol. is at $31.67 B which has decreased from yesterday

To conclude: Funding rates have shown some instability but remain largely positive, indicating a degree of bullishness among traders. The premium index has increased, suggesting a convergence towards speculative market value, which is generally considered a bearish indicator. Open Interest and trading volume have both experienced declines in the last 24 hours. The market presents a mixed picture with a moderate decrease in liquidity. The slight increase in funding rates and the increase in the premium index suggest a cautious market outlook.