The past 24 hours have shown an uptick in Bitcoin's price and trading activity. The open interest and volume have both gone up, which could imply more market players are getting involved. Despite a slight rise in funding rates, which signals a slight shift towards long positions, the decreased premium index suggests that the price movement is supported by actual demand rather than speculation. The market mood looks cautiously optimistic.

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