BitMart Market Report: BTC continues to fluctuate and consolidate, and the short-term technical structure is bearish

CoinRank News: According to BitMarts market report on July 2, the total market value of the cryptocurrency market is about 3.27 trillion US dollars, down 1.3% from the previous day; BTC fluctuated in the range of 105,000 to 106,000 USDT, and the short-term trend lacks direction. Yesterday, the BTC ETF had a net outflow of 342 million US dollars; ETH is currently fluctuating around 2,400 USDT, with a weak short-term trend and still suppressed by the moving average. Yesterday, ETH ETF saw a net outflow of $14.1 million, which overall reflects that the markets allocation of funds to Ethereum is still conservative in the short term; altcoins fell overall, lacking collective narrative; the Fear and Greed Index temporarily reported 46 today, and market sentiment remained in a neutral range; BitMart X Insight data showed that the current crypto market sentiment is extremely optimistic, with a 24-hour market sentiment index of +1.02; the cryptocurrency markets social enthusiasm is generally high (average SSI 68.5); the market warning signal MPR is extremely high, with the top ten currencies social anomalies and emotional polarization reaching 100%; investors are advised to pay attention to subsequent data and guard against the risk of increased volatility.