BTC Dominance: 60.76% Dominance has decreased from yesterday
Price action: Price down 2.42% from the close of yesterday
Premium Index: PI has increased since yesterday and currently at -0.0429 %.
Funding Rates: FR has decreased since yesterday and currently at -0.0009 %.
Open Interest: OI is at $44.81 B which has decreased from yesterday
Volume: Vol. is at $13.24 B which has increased from yesterday
To conclude: The premium index has increased slightly indicating a higher speculative market’s influence over price. The futures traders’ sentiment is cautious evident from the decrease in funding rates which is negative. The open interest has decreased which reduces derivative market’s pressure on price and may lead to reduced volatility. The trading volume has increased and the volume delta was sell side biased.
BTC Dominance: 60.80% Dominance has increased from yesterday
Price action: Price up 2.78% from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at -0.046 %.
Funding Rates: FR has decreased since yesterday and currently at 0.0005 %.
Open Interest: OI is at $47.11 B which has increased from yesterday
Volume: Vol. is at $10.26 B which has increased from yesterday
To conclude: The premium index has decreased signaling spot market’s influence over price has increased. The futures traders’ sentiment is cautious evident from the decrease in the funding rates. The open interest has increased which increases derivative market’s pressure on price and may lead to volatility. The trading volume has increased and the volume delta was buy side biased.
BTC Dominance: 60.74% Dominance has decreased from yesterday
Price action: Price down 1% from the close of yesterday.
Premium Index: PI has increased since yesterday and currently at -0.0167 %.
Funding Rates: FR has increased since yesterday and currently at 0.0046 %.
Open Interest: OI is at $45.13 B which has increased from yesterday
Volume: Vol. is at $8.80 B which has increased from yesterday
To conclude: The premium index has increased signaling speculative market’s influence over price has increased. The futures traders’ sentiment is optimistic evident from the increase in funding rates. The market liquidity has increased as both open interest and trading volume saw an uptick. The increase in open interest increases derivative market’s pressure on price and may lead to volatility. The increase in trading volume shows higher engagement and the volume delta was sell side biased.
Fear and Greed: 49 (Neutral), yesterday 48 (Neutral)
BTC Dominance: 60.88% Dominance has increased from yesterday
Price action: Price down 1.50% from the close of yesterday.
Premium Index: PI has increased since yesterday and currently at -0.0419 %.
Funding Rates: FR has decreased since yesterday and currently at 0.0019 %.
Open Interest: OI is at $44.67 B which has decreased from yesterday
Volume: Vol. is at $7.86 B which has increased from yesterday
To conclude: The premium index has increased signaling higher speculative market’s influence over price. The futures traders’ sentiment is cautious evident from the decrease in funding rates. The open interest has decreased slightly which reduces derivative market’s pressure on price and may lead to short term price stabilization. The trading volume has increased but the volume delta was buy side biased.
Fear and Greed: 48 (Neutral), yesterday 47 (Neutral)
BTC Dominance: 60.83% Dominance has increased from yesterday
Price action: Price experienced volatility and slightly down from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at -0.0566 %.
Funding Rates: FR has increased since yesterday and currently at 0.0048 %.
Open Interest: OI is at $44.77 B which has increased from yesterday
Volume: Vol. is at $7.45 B which has increased from yesterday
To conclude: The premium index has decreased signaling a higher spot market’s influence over price. The futures traders’ sentiment is bullish evident from the increase in the funding rates. The open interest has increased which increases derivative market’s pressure on price and may lead to volatility. The trading volume has increased which shows improved engagement and the volume delta was buy side biased.
BTC Dominance: 60.55% Dominance has decreased from yesterday
Price action: Price up 0.9% from the close of yesterday.
Premium Index: PI has increased since yesterday and currently at -0.0362 %.
Funding Rates: FR has increased since yesterday and currently at 0.0031 %.
Open Interest: OI is at $44.51 B which has increased from yesterday
Volume: Vol. is at $3.42 B which has decreased from yesterday
To conclude: The premium index has increased signaling higher speculative market’s influence over price. The futures traders’ sentiment is bullish evident from the increase in funding rates. The open interest has increased which shows derivative traders are comfortable locking liquidity in open contracts but it also increases derivative market’s pressure on price and may lead to volatility. The trading volume has decreased which is not uncommon for weekend and the volume delta was buy side biased.
BTC Dominance: 60.81% Dominance has increased from yesterday
Price action: Price up 0.78% from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at -0.046 %.
Funding Rates: FR has decreased since yesterday and currently at 0.0027 %.
Open Interest: OI is at $44.12 B which has increased from yesterday
Volume: Vol. is at $4.3 B which has decreased from yesterday
To conclude: The premium index saw a decrease signaling higher spot market’s influence over price. The futures traders’ sentiment is cautious evident from the slight decrease in funding rate. The open interest has increased which increases derivative market’s pressure on price and may lead to volatility. The trading volume decreased which shows low liquidity level and the volume delta was buy side biased.
BTC Dominance: 60.59% Dominance has increased from yesterday
Price action: Price traded in a tight range today.
Premium Index: PI has increased since yesterday and currently at -0.0368 %.
Funding Rates: FR has increased since yesterday and currently at 0.0029 %.
Open Interest: OI is at $43.67 B which has decreased from yesterday
Volume: Vol. is at $10.14 B which has increased from yesterday
To conclude: The premium index has increased signaling higher speculative market’s influence over price. The futures traders’ sentiment is bullish evident from the increase in funding rates. The open interest has decreased which reduces derivative market’s pressure on price and may lead to price stabilization. The trading volume saw an increase and the volume delta was buy side biased.
BTC Dominance: 60.94% Dominance has decreased from yesterday
Price action: Price down 1.54% from the close of yesterday.
Premium Index: PI has increased since yesterday and currently at -0.0494 %.
Funding Rates: FR has decreased since yesterday and currently at -0.001 %.
Open Interest: OI is at $44.6 B which has decreased from yesterday
Volume: Vol. is at $8.98 B which has decreased from yesterday
To conclude: The premium index has increased signaling increase in speculative market’s influence over price. The futures traders’ sentiment is cautious evident from the decrease in funding rates. The open interest has decreased which reduces derivative market’s pressure on price and may lead to short term price stabilization. The trading volume has decreased which shows waning interest and the volume delta was sell side biased.
BTC Dominance: 61.04% Dominance has decreased from yesterday
Price action: Price traded in a tight range today.
Premium Index: PI has increased since yesterday and currently at -0.0585 %.
Funding Rates: FR has increased since yesterday and currently at 0.0017 %.
Open Interest: OI is at $46.04 B which has decreased from yesterday
Volume: Vol. is at $11.77 B which has increased from yesterday
To conclude: The premium index has increased signaling higher speculative market’s influence over price. The futures traders’ sentiment is optimistic evident from the increase in funding rates. The open interest has decreased slightly which reduces derivative market’s pressure on price and may lead to price stabilization. The trading volume has increased which shows improved engagement and the volume delta was buy side biased.
BTC Dominance: 61.32% Dominance has decreased from yesterday
Price action: Price up 1.88% from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at -0.0599 %.
Funding Rates: FR has decreased since yesterday and currently at -0.0052 %.
Open Interest: OI is at $46.78 B which has increased from yesterday
Volume: Vol. is at $10.90 B which has decreased from yesterday
To conclude: The premium index has decreased signaling higher spot market’s influence over price. The futures traders’ sentiment is cautious evident from the decrease in funding rates which is negative at this point. The open interest has increased which increases derivative market’s pressure on price which may lead to volatility. The trading volume has decreased which shows waning interest but the volume delta was buy side biased.
BTC Dominance: 61.18% Dominance has increased from yesterday
Price action: Price up 1.8% from the close of yesterday.
Premium Index: PI has increased since yesterday and currently at -0.0571 %.
Funding Rates: FR has increased since yesterday and currently at 0.0044 %.
Open Interest: OI is at $43.47 B which has increased from yesterday
Volume: Vol. is at $14.5 B which has increased from yesterday
To conclude: The premium index has increased slightly signaling growing speculative market’s influence over price. The futures traders’ sentiment is bullish evident from the increase in funding rates. The open interest has increased which increases derivative market’s pressure on price and will lead to volatility. The trading volume has increased showing improved engagement and the volume delta was buy side positive.
BTC Dominance: 60.92% Dominance has decreased from yesterday
Price action: Price traded sideways in a tight range.
Premium Index: PI has increased since yesterday and currently at -0.0586 %.
Funding Rates: FR has decreased since yesterday and currently at -0.0001 %.
Open Interest: OI is at $41.8 B which has increased from yesterday
Volume: Vol. is at $3.59 B which has decreased from yesterday
To conclude: The premium index has increased signaling a slight increase in speculative market’s influence over price. The futures traders’ sentiment is cautious evident from the decrease in finding rate. The open interest has increased which increases derivative market’s pressure on price and may lead to volatility. The trading volume has decreased sharply even for a weekend volume but the volume delta was buy side biased.
BTC Dominance: 60.96% Dominance has increased from yesterday
Price action: Price traded sideways in a tight range today.
Premium Index: PI has decreased since yesterday and currently at -0.0599 %.
Funding Rates: FR has increased since yesterday and currently at 0.0006 %.
Open Interest: OI is at $41.6 B which has decreased from yesterday
Volume: Vol. is at $7.10 B which has decreased from yesterday
To conclude: The premium index has decreased signaling higher spot market influence over price. The futures traders’ sentiment is optimistic evident from the increase in funding rates. The open interest has decreased which reduces derivative market’s pressure on price. The trading volume has also decreased which is normal for the weekend. The cumulative volume delta was slightly buy side biased.
BTC Dominance: 60.95% Dominance has increased from yesterday
Price action: Price up 0.79% from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at -0.056 %.
Funding Rates: FR has increased since yesterday and currently at 0.0004 %.
Open Interest: OI is at $41.77 B which has increased from yesterday
Volume: Vol. is at $9.04 B which has decreased from yesterday
To conclude: The premium index has decreased signaling higher spot market’s influence over price. The futures traders’ sentiment is optimistic evident from the increase in funding rates. The open interest has increased which increases derivative market’s pressure on price and may lead to volatility. The trading volume saw a slight decrease, but the volume delta was buy side biased.
BTC Dominance: 60.58% Dominance has increased from yesterday
Price action: Price up 0.82% from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at -0.0557 %.
Funding Rates: FR has increased since yesterday and currently at -0.004 %.
Open Interest: OI is at $40.46 B which has decreased from yesterday
Volume: Vol. is at $9.75 B which has increased from yesterday
To conclude: The premium index has decreased signaling higher spot market’s influence over price since yesterday. The futures traders’ sentiment has improved evident from the increase in funding rates. The open interest has decreased which reduces derivative market’s influence over price and may lead short term price stabilization. The trading volume saw an increase and the volume delta was buy side biased.
BTC Dominance: 60.50% Dominance has increased from yesterday
Price action: Price down 1.15% from the close of yesterday.
Premium Index: PI has increased since yesterday and currently at -0.0405 %.
Funding Rates: FR has decreased since yesterday and currently at -0.0061 %.
Open Interest: OI is at $40.67 B which has decreased from yesterday
Volume: Vol. is at $7.35 B which has decreased from yesterday
To conclude: The premium index has increased slightly signaling increased speculative market’s influence over price. The futures traders’ sentiment is cautious evident from the decrease in funding rates. The open interest has decreased which reduces derivative market’s pressure on price and may lead to short term price stabilization. The trading volume has decreased and the volume delta was sell side biased.
BTC Dominance: 60.38% Dominance has decreased from yesterday
Price action: Price down 1.61% from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at -0.044 %.
Funding Rates: FR has decreased since yesterday and currently at -0.0034 %.
Open Interest: OI is at $40.09 B which has increased from yesterday
Volume: Vol. is at $7.7 B which has decreased from yesterday
To conclude: The premium index has decreased signaling higher spot market’s influence over price since yesterday. The futures traders’ sentiment is cautious evident from the decrease in funding rates. The open interest has increased which increases derivative market’s pressure on price and may lead to volatility. The trading volume has decreased and volume delta was pretty much neutral slightly leaning sell side.
BTC Dominance: 60.54% Dominance has decreased from yesterday
Price action: Price down 2.51% from the close of yesterday.
Premium Index: PI has increased since yesterday and currently at -0.0435 %.
Funding Rates: FR has increased since yesterday and currently at 0.004 %.
Open Interest: OI is at $40.03 B which has decreased from yesterday
Volume: Vol. is at $11.40 B which has increased from yesterday
To conclude: The premium index has increased signaling higher speculative market’s influence over price. The futures traders’ sentiment is bullish evident from the increase in funding rates. The open interest has decreased which reduces derivative market’s pressure on price and may lead to short term price stabilization. The trading volume has increased and the volume delta was buy side biased at the start of the day but it has flipped sell side right now.
BTC Dominance: 60.58% Dominance has increased from yesterday
Price action: Price slightly up 0.83% from the close of yesterday.
Premium Index: PI has decreased since yesterday and currently at -0.0557 %.
Funding Rates: FR has increased since yesterday and currently at 0.0027 %.
Open Interest: OI is at $40.77 B which has increased from yesterday
Volume: Vol. is at $8.41 B which has decreased from yesterday
To conclude: The premium index has decreased signaling spot market’s influence over price has increased. The futures traders’ sentiment is bullish evident from the increase in funding rates. The open interest has increased which increases derivative market’s pressure on price and may lead to volatility. The trading volume has decreased slightly but the volume delta was buy side biased.