Bitcoin and Ethereum slide as futures and oil price pressure weigh on crypto markets

Bitcoin dropped about 1% and Ethereum fell roughly 1.5% as market sentiment turned negative. Futures and implied‑volatility metrics point to a fragile crypto environment awaiting the next Federal Reserve move. On the Bitcoin perpetual futures, the daily bias shifted from bullish to bearish, the 15‑minute chart entered a strong downtrend, and order‑book indicators such as footprints and cumulative‑volume‑delta turned sharply negative. Ethereum showed a slightly more resilient picture, with the daily still holding a weak bullish bias, but its short‑term chart also slipped into a bearish regime and rising open interest appears driven by new short positions. Rising oil prices added further pressure: WTI futures climbed to $90.92, up 11.18% on the weekly chart, and Brent followed a similar rise, amplifying the stress on crypto assets.