BitMart Market Report: BTC fluctuates within a narrow range during the day, and market sentiment is relatively rational

Odaily Planet Daily News According to BitMart's market report on June 4, the total market value of the cryptocurrency market is 3.44 trillion US dollars, up 0.47% from the previous day; BTC fluctuated in a narrow range during the day, and briefly rose to 106,500 US dollars before falling back; this position is the middle track of the BTC daily Bollinger Band. If it fails to break through effectively, the recent market may be dominated by a fluctuating decline; ETH has been in a narrow range of 2,300 to 2,700 US dollars in the past 3 weeks. Benefiting from the large net inflow of ETH ETF in the past week, ETH has performed relatively strongly; today's ETH/BTC exchange rate is temporarily reported at 0.0247, and ETH's market share is temporarily reported at 9.5%; the fear and greed index is temporarily reported at 58 today, which is lower than last week and is in a relatively rational state; the comprehensive long-short ratio is 1.39, and bullish sentiment dominates; the rise and fall of altcoins are mixed, and the market lacks a collective narrative; investors are advised to pay close attention to subsequent capital flows and sentiment changes.