Bitcoin slipped from 78794.67 to 76587.26 over the last 24h, with a high of 79084.29 and a low of 72945.50. Open interest decreased while volume rose, and funding rates plus premium index moved higher, signaling bearish momentum but growing liquidity; the outlook remains cautious with a potential near-term relief rally if demand returns.

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