BitMart June 27 market report: BTC continues to fluctuate and consolidate, and the risk of a correction is gradually increasing

Odaily News According to BitMarts June 27 market report, the total market value of the cryptocurrency market is approximately $3.28 trillion, down 1.03% from the previous day;
BTC spot ETF had a total net inflow of $63 million yesterday. BTC fluctuated between 106,000 and 107,000 USDT. The short-term moving average gradually converged with the medium-term moving average, indicating that the price lacked direction in the short term.
Although ETH is relatively resilient near 2,400 USDT, its technicals are also bearish. MACD death cross signal continues, and the price is running below the short-term moving average, with weak short-term momentum. Yesterday, the total net outflow of ETH spot ETF was US$32 million;
The altcoin market has entered a technical correction phase, and risk sentiment has cooled down simultaneously;
The Fear and Greed Index is currently at 49 today, and market sentiment remains in a neutral range; the comprehensive long-short ratio is 1.01, and bullish sentiment is slightly dominant in the short term;
Investors are advised to pay attention to subsequent ETF fund flows, macroeconomic data and altcoin fund rotation, and beware of increased risks caused by volatility.