01-12-25

BTC 4-hour chart update (84803)

Fear and Greed: 24 (Ex. Fear), yesterday 28 (Fear)

BTC Dominance: 59.39% Dominance has increased from yesterday

Price action: Price lost the uptrend line and down 5.3% from the close of yesterday.

Premium Index: PI has increased since yesterday and currently at - 0.035 %.

Funding Rates: FR has increased since yesterday and currently at 0.0045 %.

Open Interest: OI is at $56.9 B which has decreased from
yesterday

Volume: Vol. is at $23.22 B which has increased from yesterday

To conclude: The speculative fervor has increased as evident from the increase in premium index. The trader sentiment has improved signaled by the increase in funding rate. The open interest has decreased and this means short term long traders were stopped out of their positions. The trading volume has increased but that was sell side biased. Traders must remain cautious as macro environment is bearish and there are no new micro catalysts/narrative in the crypto sphere to rally prices back up.