Today's key developments:

ARK files for a tokenized market infrastructure ETF, offering indirect exposure to assets such as ETH and SOL

ETF flows are one of the key themes lately; changes in flows are more worth watching than daily prices.

Major cryptocurrencies:

$BTC 76,043.13 (-0.13%)

$ETH 2246.72 (+0.19%)

BNB 696.21 (+0.073%)

SOL 90.43 (+0.16%)

The market is moving sideways, with both bulls and bears waiting for a signal.

Top gainers and losers:

Top gainers: AKE +147.53%, ONE +68.14%, UAI +39.45%

Top losers: MAGMA -17.13%, CLANKER -13.88%, CAP -7.68%

News:

1. STABLE will unlock about $22.32 million worth of tokens tomorrow (November 8), equivalent to 4.93% of the circulating supply

What’s everyone talking about:

#FinCEN美联储撤回250美元加密转账提案 #非农就业数据推升加息预期

Sentiment and flows:

Fear & Greed Index: 25 (Extreme Fear), down 3 from yesterday

BTC global account long/short ratio: 3.12, with longs accounting for 75.7%

My take:

Keep an eye on flows: ETF flows and the long/short ratio among large holders are the two numbers most worth watching today.

Are you bullish or bearish today? Let’s talk in the comments.

You take on the risk yourself—just chatting.