Bitcoin traded in a wide 24h range, opening at $80,046.72 and closing around $79,871.15, with a 24h high of $80,844.70 and a low of $79,368.67. Liquidity improved as open interest and trading volume rose, while funding rates and the premium index moved higher, indicating cautious but improving liquidity; Privacy Season remains the top sector against Bitcoin over the last 30 days.

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