BitMart Market Report: BTC fell back after reaching a high, and the overall market entered a short-term correction phase

Odaily Planet Daily News According to BitMart's market report on May 13, the total market value of the cryptocurrency market is 3.27 trillion US dollars, down 2.27% from the previous day; yesterday, after China and the United States issued a joint statement to ease trade tensions, BTC surged to around 105,800 US dollars, and then fell back slightly to 102,000 US dollars; BTC ETF had a small outflow of 5.9 million US dollars yesterday, and the daily inflow amount dropped sharply compared with last week. ETH also surged and then fell back, and received short-term support in the middle track area of ​​the 4H Bollinger Band, and the ETH/BTC exchange rate fell slightly. The overall market sentiment is positive, with a comprehensive long-short ratio of 1.22; the fear and greed index is 71, which is in the "greed" range. Altcoins have generally fallen in the past 24 hours, and the overall market has entered a short-term correction phase.