BitMart June 27 Market Report: BTC Continues to Fluctuate, Risk of Correction Gradually Increases

According to BitMart's market report on June 27th, the total market cap of the cryptocurrency market is approximately $3.28 trillion, a decrease of 1.03% compared to the previous day.
Yesterday, $BTC spot ETFs had a total net inflow of $0.63 billion. $BTC fluctuated between 106,000 and 107,000 USDT, with short-term and medium-term moving averages gradually converging, indicating a lack of short-term direction in price.
Although $ETH showed relative resilience around 2,400 USDT, the technical outlook is also bearish. The MACD death cross signal continues, and the price is running below the short-term moving average, indicating weak short-term momentum. Yesterday, $ETH spot ETFs had a total net outflow of $0.32 billion.
The altcoin market has entered a technical correction phase, and risk sentiment has cooled down accordingly.
The Fear & Greed Index is currently at 49, and market sentiment remains in the neutral zone. The overall long/short ratio is 1.01, with bullish sentiment slightly dominating in the short term.
Investors are advised to pay attention to subsequent ETF fund flows, macroeconomic data, and altcoin fund rotation, and to be wary of the risk of increased volatility. [Odaily星球日报]