BitMart June 11 market report: BTC maintains high volatility, market sentiment is optimistic
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Market Report: According to BitMart's market report on June 11, the total cryptocurrency market capitalization was $3.45 trillion, up 0.86% from the previous day. After BTC broke through the $110,000 mark and subsequently fell back, market sentiment has been activated, potentially driving a rebound in other mainstream cryptocurrencies. ETH returned to $2,800, with the ETH/BTC exchange rate attempting to break through the daily Vegas resistance level. The ETH ETF has achieved net inflows for 15 consecutive working days, and optimistic funding has stimulated ETH's price increase. In the Altcoin market, sentiment is high, with most sectors experiencing a rebound. The Fear and Greed Index is currently at 65, slightly higher than yesterday and in the greed zone. The comprehensive long-short ratio is 0.51, with bearish sentiment dominating. Investors are advised to closely monitor subsequent capital flows and sentiment changes.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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