The funding and sentiment indicators show that market traders maintain a neutral to bearish stance. The concentration of short positions at $BTC has slightly decreased yesterday, and currently, the whales have not made significant moves, still standing on the bearish side, while bullish momentum has begun to decline.
In terms of data, SOL is performing the weakest, with a bearish bias and whales closing long positions. According to the whale alert distribution map, there has been significant whale activity today in $TWT , $AERO , and SEI. In terms of sector performance, the Base ecosystem, decentralized exchanges, and tools sectors are performing relatively well.
Data source: blave.org