June 11 Market Report: BTC Maintains High-Value Fluctuation, Market Sentiment Tends to be Optimistic

On June 11, the market report indicates that the total market capitalization of the cryptocurrency market is $3.45 trillion, an increase of 0.86% compared to the previous day.

Yesterday, after BTC broke through the $110,000 mark, it fell below this key level again, but market sentiment has been activated, potentially driving other mainstream coins to recover.

ETH has returned to $2,800, and the ETH/BTC exchange rate is attempting to break through the daily Vagas resistance level. ETH ETF has achieved net inflows for 15 consecutive working days, and the optimistic capital flow has stimulated the rise in ETH prices.

As for altcoins, market sentiment is high, and most sectors are experiencing rebounds; the Fear and Greed Index reported today is 65, which is an increase compared to yesterday, placing it in the greed range.

The overall long-short ratio is 0.51, with bearish sentiment dominating.

Investors are advised to closely monitor subsequent capital flows and changes in sentiment. $BTC