09-12-25
BTC 4-hour chart update (93942)
Fear and Greed: 22 (Ex. Fear), yesterday 20 (Ex. Fear)
BTC Dominance: 59.04% Dominance has decreased from yesterday
Price action: Price is up 3.39% and still trading within the Channel.
Premium Index: PI has increased since yesterday and currently at - 0.0342 %.
Funding Rates: FR has decreased since yesterday and currently at 0.0014 %.
Open Interest: OI is at $63.29 B which has increased from
yesterday
Volume: Vol. is at $14.17 B which has decreased from yesterday
To conclude: Speculative activity’s influence over price has increased evidenced by the increase in funding rates. The trader sentiment is cautious as signaled by the decrease in funding rates. The liquidity locked in open contracts has increased, apparent from the increase in open interest. The trading volume has decreased and therefore it appears the price increase was led by speculative fervor and may reverse quickly. Traders must be vigilant that we have a FOMC meeting 10th December and there is a 89% chance of a further 25 basis point cut, so expect volatility.
