BitMart Market Report: BTC continues to oscillate in a consolidation pattern, with a short-term technical structure leaning bearish.

Odaily News According to BitMart's market report on July 2, the total market capitalization of the crypto market is approximately $3.27 trillion, down 1.3% from the previous day; BTC is fluctuating in the range of 105,000 to 106,000 USDT, with a lack of direction in the short-term trend. Yesterday, BTC ETF had a net outflow of $342 million; ETH is currently fluctuating around 2,400 USDT, with a weak short-term trend still under pressure from moving averages. Yesterday, ETH ETF saw a net outflow of $14.1 million, reflecting the market's conservative allocation of funds towards Ethereum in the short term; altcoins overall are down, lacking a collective narrative; the fear and greed index reported 46 today, maintaining a neutral market sentiment; BitMart X Insight data shows that the current sentiment in the crypto market is extremely optimistic, with a 24-hour market sentiment index of +1.02; the social heat of the crypto market is generally high (average SSI 68.5); the market warning signal MPR is extremely high, with social anomalies and sentiment polarization reaching 100% for the top ten coins; investors are advised to pay attention to subsequent data and be cautious of the risk of increased fluctuations.