Today’s top story:

Ethereum reorg prompts THORChain to halt operations urgently, delaying the transfer of funds stolen from Binance

These security incidents first affect risk appetite; in the short term, watch to see whether funds turn more cautious.

Market overview:

$BTC 77,718.05 (+0.5%)|$ETH 2265.83 (+1.02%)|BNB 702.64 (-0.19%)|SOL 95.5 (-1.2%)

Moving sideways as bulls and bears wait for a signal.

Top movers:

Top gainers: ESPORTS +23.98%, AIOT +21.79%, POWR +19.96%

Top losers: SOPH -32.2%, IDOL -24.52%, JCT -21.12%

Market sentiment and flows:

Fear & Greed Index: 34 (Fear), up 4 from yesterday

BTC global account long/short ratio: 2.57, with 72% long

A few updates today:

1. Binance: Has covered $6 billion of the losses caused by the hack

A couple of thoughts:

Done reading the morning briefing? Remember to check your wallet too.

Are you bullish or bearish today? Share your thoughts in the comments.

These may not be accurate; don't take them as advice.