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BitMart Market Report: BTC fluctuated in a narrow range during the day, and the market sentiment was relatively rational
According to BitMart's market report on June 4, the total market capitalization of the cryptocurrency market was $3.44 trillion, up 0.47% from the previous day; BTC traded in a narrow range during the day, briefly surging as high as $106,500 before retreating; This position is the middle of the BTC daily Bollinger Band, if it fails to break through effectively, the recent market may be dominated by volatile and falling markets; ETH has been in a narrow range of $2,300 to $2,700 over the past three weeks, benefiting from the large net inflows from ETH ETFs over the past week, and ETH has performed relatively firmly; Today, the ETH/BTC exchange rate is tentatively at 0.0247, and the market share of ETH is tentatively at 9.5%; The Fear and Greed Index is tentatively reported at 58 today, down from last week, and is in a relatively rational state; The composite long-short ratio is 1.39, and bullish sentiment dominates; Altcoins are mixed, and the market lacks a collective narrative; It is recommended that investors pay close attention to the follow-up capital flow and sentiment changes.