Bitcoin dipped over the last 24h from $77,289.18 to $76,461.17, with a trading high of $77,469.64 and a low of $75,545.67. Open interest and volume fell while funding rates and the premium index rose; Meme Season is the top sector, suggesting a cautious near-term outlook with potential for volatility.

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