Bitcoin pulled back about 2% in the last 24h, moving from $78,246.86 to $76,654.75, with a 24h range surging up to $78,878.01 and dipping to $76,541.60. Open interest and volume both rose, funding rates climbed, and the premium index trended lower, suggesting near-term caution despite still-healthy liquidity. Dino Season remains the standout sector to watch for momentum.

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