BitMart Market Report: BTC Intraday Volatility Widens, High-Level Oscillation May Be the Main Trend in the Near Term

Odaily Planet Daily reports, according to BitMart's market report on May 21, the total market capitalization of cryptocurrencies is 3.39 trillion USD, up 0.76% from the previous day; $BTC experienced intraday volatility, once dropping to 102,000 USD before rebounding to surpass the 106,000 USD mark again, with high-level fluctuations likely to be Bitcoin's main trend in the near term; $BTC ETF net inflows yesterday were 361 million USD; $ETH followed the overall market trend, once dipping below 2,400 USD intraday before recovering to break above the 2,500 USD threshold; $ETH ETF inflows and outflows yesterday were almost negligible.

Regarding market sentiment, the Fear and Greed Index is at 69, remaining in the "Greed" zone; the comprehensive long-short ratio is 1.18, indicating bullish sentiment dominance; altcoins showed mixed performance, with the altcoin season index further dropping to 23; investors are advised to closely monitor subsequent capital flows and sentiment changes.