Bitcoin price softened to 80,256.01 from 80,404.96 in the last 24h, with the day’s high near 81,097.47 and low around 79,368.67. Open interest and trading volume declined as funding rates and the premium index moved higher, signaling caution despite the Gaming Season sector showing standout performance.

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