The crypto market is currently facing increasing selling pressure, as seen by the Coinbase Premium Index which is in the negative zone. This indicates that investors are choosing to sell their assets rather than buy, adding pressure to the already sluggish market.

On the other hand, aSOPR shows a sudden spike in profit-taking. This indicates that many investors have decided to realize their profits, perhaps as a precautionary measure against market uncertainty.

However, amidst this uncertainty, Bitcoin remains a bright spot. Optimism towards BTC is still strong, especially with the expectation that the ETF trend will remain stable. Tonight's data will be the determinant of the market's next direction.