BitMart Market Report: BTC fluctuates upward, just one step away from returning to 100 thousand USD

Odaily Planet Daily News: According to BitMart's market report on May 8, the total market capitalization of cryptocurrencies reached 3.28 trillion USD, an increase of 2.58% compared to the previous day; $BTC fluctuated upward and is just one step away from returning to 100 thousand USD, BTCD currently stands at 64.4%, setting a new high in nearly four years; $ETH followed the overall market trend, with the ETH/BTC exchange rate falling below 0.019 again, indicating $ETH lacks the opportunity to break out independently; altcoins generally rose, but there were few tokens that significantly outperformed the market, with fully circulating meme coins performing well; the Fear and Greed Index is 53, in the "neutral" range. The combined long-short ratio is 1.23, indicating that market sentiment is neutral in the short term and viewing sentiment is strong. Investors need to closely monitor subsequent capital flows and sentiment changes.