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Bitcoin and crypto market sentiment hit seven-month lows, with the BTC price still above $100,000, while gold and silver received a post-shutdown boost.

Unknown whales continue to increase their Ethereum exposure as technical indicators suggest a short-term ETH price rally to $4,000.

Bitcoin whales doubled down on their BTC purchases, but long-term holder selling and resistance above $106,000 curtailed a potential recovery to $110,000.

Bitcoin’s momentum loss continues as long-term holders add to market selling pressure and rising US dollar strength leads investors to reduce their exposure to risk.

Data shows that BTC’s “average annual returns have gradually declined, with no peaks at all in the last cycle, confirming the hypothesis that Bitcoin's risk/return structure has changed.”

New data shows stable altcoin speculation despite Bitcoin’s price drop, hinting at early signs of risk re-entry and a more mature altcoin cycle ahead.

Bitcoin bulls tried to spark a recovery, but were met with heavy selling pressure near $107,000. A similar fate awaited most altcoins, which sold off from their respective resistance levels.

Bitcoin fell to weekly lows at $101,300 as US equities and gold rallied ahead of the key vote to end the US government shutdown, signaling a shift in investor sentiment to traditional assets.