BitMart Market Report: The market continues to fluctuate in a narrow range, and the altcoin market lacks a collective narrative

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MarsBit
04-01
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Mars Finance News: According to BitMart's market report on April 1st, the total market capitalization of cryptocurrencies was $2.63 trillion, a decrease of 2.82% from the previous day. BTC experienced narrow fluctuations within the day, with BTC ETF seeing a small outflow of $60 million; ETH remained narrowly oscillating around $1,800, and its price is difficult to reverse in the short term, both in terms of capital flow and market sentiment. The comprehensive long-short ratio is 0.99, indicating a neutral market sentiment in the short term. Altcoins saw sporadic gains, lacking a collective narrative, and BNB chain projects have entered a cooling period after two weeks of heat. On the news front, the Trump family announced the establishment of an American Bitcoin company, and investors need to closely monitor subsequent capital flows and sentiment changes.

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