BitMart Market Report on April 18: BTC is expected to continue to fluctuate in the short term

Market Report: According to BitMart's market report on April 18, the total cryptocurrency market capitalization was $2.67 trillion, up 0.11% from the previous day. BTC oscillated around $85,000, with BTCD rising to 63.2%; ETH followed the market trend, fluctuating slightly below $1,600, with the ETH/BTC exchange rate falling below 0.019, continuing to create a five-year low. The historical lowest point for the ETH/BTC exchange rate was 0.0162 in September 2019. If the exchange rate falls below this historical low, ETH may face greater selling pressure. Altcoins showed sporadic increases, with the market lacking a collective narrative focus. The comprehensive long-short ratio was 1.06, with long positions at their 24-hour highest. Investors should be cautious of risks.