BitMart June 10 Market Report: BTC returns to $110,000, and market sentiment shows signs of recovery

Odaily Planet Daily News According to BitMart's market report on June 10, the total market value of the cryptocurrency market is 3.44 trillion US dollars, up 4.24% from the previous day; BTC broke through the previous high of 110,000 US dollars, and ETH briefly broke through 2,750 US dollars and approached the 2,800 US dollar swing resistance level; If ETH successfully stands at 2,800 US dollars, the probability of testing the 2,300-2,400 range downward will be significantly reduced; The ETH/BTC exchange rate attempts to break through the 0.026 Vegas channel, which has important reference significance for the subsequent direction; For altcoins, such as PUNT and ETHFI, they have begun to get rid of the short-term downward trend, and signs of market sentiment recovery have begun to emerge; The Fear and Greed Index is temporarily reported at 64 today, which is higher than yesterday and is in the greed range; The comprehensive long-short ratio is 0.88, and short sentiment is dominant; Investors are advised to pay close attention to subsequent capital flows and sentiment changes.