28-11-25
BTC 4-hour chart update (90854)
Fear and Greed: 25 (Ex. Fear), yesterday 22 (Ex. Fear)
BTC Dominance: 59.26% Dominance has increased from yesterday
Price action: Price slightly down from the close of yesterday and uptrend is still intact.
Premium Index: PI has decreased since yesterday and currently at - 0.0673 %.
Funding Rates: FR has decreased since yesterday and currently at -0.0004 %.
Open Interest: OI is at $59.2 B which has decreased from
yesterday
Volume: Vol. is at $16.1 B which has decreased from yesterday
To conclude: The premium index has decreased signaling spot
market activity influencing price. The funding rate is negative and that shows traders are shorting at the moment. The open interest has decreased a lot. One the one hand the drop in open interest reduces volatility but on the other hand points to a reset in open contracts, which is not unusual since it is end of the month and option traders close their positions at this point. Interest was low as evident from the decrease in trading volume.
