27-11-25

BTC 4-hour chart update (91670)

Fear and Greed: 22 (Ex. Fear), yesterday 15 (Ex. Fear)

BTC Dominance: 59.21% Dominance has increased from yesterday

Price action: Price traded in a tight range but is above the close of yesterday.

Premium Index: PI has decreased since yesterday and currently at - 0.067 %.

Funding Rates: FR has decreased since yesterday and currently at 0.004 %.

Open Interest: OI is at $71.07 B which has increased from
yesterday

Volume: Vol. is at $18.87 B which has increased from yesterday

To conclude: The premium index has decreased signaling growing spot market influence over price. The funding rate has decreased showing bearish sentiment among traders. The open interest is high which increases pressure on price. The trading volume has increased and this is in line with the price action so there does not appear to me manipulation. However, the elevated open interest is of concern since that can lead to volatility.