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

Planet Daily News: According to BitMart's market report on July 2, the total market value of cryptocurrencies was approximately $3.27 trillion, down 1.3% from the previous day; BTC oscillated in the range of 105,000 to 106,000 USDT, with a lack of short-term direction. Yesterday, BTC ETF saw a net outflow of $342 million; ETH is currently oscillating around 2,400 USDT, with a weak short-term trend and still under pressure from moving averages. Yesterday, ETH ETF experienced a net outflow of $14.1 million, reflecting a conservative approach to fund allocation for Ethereum in the short term; Altcoins generally declined, lacking collective narrative; the Fear and Greed Index is currently at 46, maintaining a neutral market sentiment; BitMart X Insight data shows that the current crypto market sentiment is extremely optimistic, with a 24-hour market sentiment index of +1.02; cryptocurrency market social heat is generally high (average SSI 68.5); market warning signal MPR is extremely high, with social anomalies and sentiment polarization for the top ten currencies reaching 100%; investors are advised to pay attention to subsequent data and be cautious of increased volatility risks.