Overall market:

$BTC 79,572.83 (-1.63%)

$ETH 2305.39 (-2.56%)

BNB 736.6 (-1.06%)

SOL 100.72 (-1.66%)

In a pullback; first, let’s see if support holds.

Sentiment and fund flows:

Fear & Greed Index: 50 (Neutral), down 4 from yesterday

BTC global account long/short ratio: 2.24, with longs at 69.2%

$11.04 million in liquidations across the market over the past hour, 96.3% of which were long positions

News:

1. CZ reposts BNB Chain’s new L1 plan: multiple chains, one coin

2. An address suspected to belong to the same whale transferred $37.83 million worth of HYPE to an exchange

3. B2 will unlock approximately $1.37 million worth of tokens on October 29, equal to 7.64% of the circulating supply

4. ALT unlocks approximately $1.55 million worth of tokens today, accounting for 3.16% of the circulating supply

Top gainers and losers:

Top gainers: CAP +39.28%, ERA +21.87%, DOS +14.06%

Top losers: JCT -29.75%, T -28.12%, Q -27.29%

My take:

A new day brings as many opportunities as it does volatility. Plan your stop-loss before jumping in!

Which news story are you most interested in today?