Bitcoin in the last 24h slipped from $78,480.80 to $77,890.57, with a 24h high of $78,658.01 and a low of $77,820.00. Open interest rose while volume declined, funding rates increased and the premium index fell. DeFi Season leads the sector, with a cautious near-term outlook and potential for a relief bounce if demand returns.

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