BitMart Market Report: BTC Falls Slightly During the Day, Altcoins Generally Decline

According to BitMart's market report on July 1st, the total market cap of the cryptocurrency market is approximately $3.29 trillion, a decrease of 1.21% compared to the previous day. Bitcoin has slightly fallen back, touching the lower rail of the Bollinger Bands on the 4-hour chart. The current area is a key short-term price support level for Bitcoin. Yesterday, the net daily inflow of Bitcoin ETFs reached $102.00 million, a significant decrease in capital inflow compared to last week. Ethereum failed to stabilize above 2,500 USDT, and short-term pullback pressure should be watched. Yesterday, the net daily inflow of $ETH ETFs was $31.80 million. Continued institutional investment provides strong support for the short-term price stabilization of Ethereum. Altcoins generally fell, and the Altcoin Season Index is currently at 22. The Fear & Greed Index is currently at 50, and market sentiment remains in the neutral range. The overall long/short ratio is 0.86, with short positions 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 increased volatility risk. [Odaily星球日报]