Washington: Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) experienced a downturn over the past 24 hours as traders adjusted their risk strategies in anticipation of a week filled with significant policy discussions in Washington, APA reports, citing stocktwits.com.

According to Azeri-Press News Agency, Bitcoin (BTC) was trading at $91,232, marking a 0.9% decrease in the past 24 hours. Data from Coinglass indicated that long positions were primarily affected, with $38.31 million in longs liquidated compared to $19.49 million in shorts during the same period. The total liquidations amounted to $57.80 million, suggesting a recalibration of dip-buyer positions rather than a forceful short squeeze. On Stocktwits, retail sentiment regarding Bitcoin shifted from 'bullish' to 'neutral', while chatter levels continued to be 'normal'.

Ethereum (ETH), meanwhile, was trading at $3109, a drop of 1.3% over the last 24 hours. Liquidations were predominantly on the long side, with $30.20 million liquidated compared to $9.21 million in shorts. Ethereum's total liquidation reached $39.41 million over the past day. On Stocktwits, retail sentiment around Ethereum fell from 'bearish' to 'extremely bearish', with chatter levels maintaining at 'low' levels.