BitMart Market Report on May 28: BTC continues to maintain high-level oscillation, with market sentiment leaning towards optimism.
Powered by ChatGPTOdaily Planet Daily News: According to BitMart's market report on May 28, the total market capitalization of cryptocurrencies reached 3.44 trillion USD, up 0.47% compared to the previous day. After $BTC broke its all-time high, some gains retraced due to profit-taking and whale trading at high levels. Nonetheless, supported by favorable regulations and optimism over increased institutional adoption, prices remained close to historical highs. $ETH's movement mirrored $BTC, with the market experiencing low volatility. In terms of sentiment, the Fear and Greed Index stood at 68, remaining in the "Greed" zone. The overall long-short ratio was 1.08, indicating dominant bullish sentiment. Altcoins generally declined, with the market lacking collective narrative hotspots. Investors are advised to closely monitor subsequent capital flows and sentiment changes.