12-12-25

BTC 4-hour chart update (90074)

Fear and Greed: 29 (Fear), yesterday 29 (Fear)

BTC Dominance: 59.42% Dominance has increased from yesterday

Price action: Price is down 2.5% from the close of yesterday.

Premium Index: PI has increased since yesterday and currently at - 0.0132 %.

Funding Rates: FR has increased since yesterday and currently at 0.005 %.

Open Interest: OI is at $61.29 B which has decreased from
yesterday

Volume: Vol. is at $18.77 B which has decreased from yesterday

To conclude: The premium index has increased considerably pointing to an increase in speculative fervor in the market. The funding rate has increased signaling an increase in optimistic sentiment among traders, but this bearish for the price since big players can hunt their stop loss in low liquidity environment. The market liquidity has decreased as both open interest and trading volume saw a decrease. On one hand price can stabilize for the short term but the interest is waning.