Cryptocurrency prices dip: Bitcoin -0.62% to $103,341.39, Ethereum -1.75% to $2,595.81, Dogecoin -4.66% to $0.2310. Market shows signs of pullback despite significant retail interest. Trading volumes decrease by 12%, $280M liquidated, $500M in Bitcoin shorts at risk. Greed sentiment from 73 to 70.

Leading cryptocurrencies experienced a dip on Wednesday as investors cashed in on recent gains. At 9:30 p.m. ET, Bitcoin was down by 0.62% at $103,341.39, Ethereum dropped by 1.75% to $2,595.81, and Dogecoin decreased by 4.66% to $0.2310. Bitcoin traded between $103,000 and $104,000 with a 12% decrease in trading volume. Ethereum fell below $2,600 after hitting a 10-week high of $2,700 the previous day. Over $280 million was liquidated from the cryptocurrency market in 24 hours, with 76% being bullish long bets. There was a risk of nearly $500 million in Bitcoin shorts being liquidated if Bitcoin rallied to $106,000. Bitcoin's Open Interest fell by 1.87%, and bets against Bitcoin in Binance derivatives market remained over 50%. The "Greed" sentiment decreased from 73 to 70.