Bitcoin slipped over the last 24h, with prices moving from about $78,186 to $77,358, while intraday highs reached $78,241 and lows dipped to $76,326. Open interest and trading volume both declined, while funding rates and the premium index edged higher, signaling cautious sentiment. The Gaming Season sector remains the standout performer among tracked tokens.

Based on what is currently happening in the market, the sentiment for cryptocurencies is bearish.