Let's start with this:

Bitcoin miners' October revenue reached $1.215 billion, an 11-month high, while the hash price fell 17.54% for the month

Read this first, then compare it with the market action to see whether the market has priced in this news.

Major coins:

$BTC 76,793.46 (-0.27%)

$ETH 2256.7 (-0.25%)

BNB 691.15 (-1.06%)

SOL 91.61 (-0.84%)

Volatility is low; patience matters more than trading.

News:

1. Brazilian exchange Mercado Bitcoin was hacked, losing about $38 million, and has promised to reimburse users

2. A wallet withdrew $13.97 million in PONS and $13.45 million in ETH from an exchange over the past 12 hours

Sentiment and capital flows:

Fear & Greed Index: 34 (Fear), up 8 from yesterday

$4.9 million in liquidations across the market in the past hour, with long positions accounting for 89.5%

Top gainers and losers:

Top gainers: BMT +38.58%, CLANKER +35.76%, IDOL +16.13%

Top losers: AKE -35.02%, UAI -22.64%, APR -22.13%

My take:

The key today is whether sentiment data and capital flows can move in sync.

What do you think of today's market? Share your thoughts in the comments.