First, here's the story:

Binance: Has covered $6 billion in losses caused by the hack

Security incidents like this first affect risk appetite. In the short term, watch to see whether capital shifts toward safer assets.

Market overview:

$BTC 77,763.67 (+0.42%)｜$ETH 2267.44 (+0.92%)｜BNB 703.13 (-0.45%)｜SOL 95.51 (-1.54%)

Volatility is low; patience matters more than trading.

Top movers:

Top gainers: ESPORTS +25.76%, POWR +22.41%, AIOT +16.51%

Top losers: SOPH -32.04%, IDOL -30.09%, AKE -21.25%

What's being discussed on the Square:

#币安SAFU基金完成7499枚BTC转移 #币安已回填九成受影响资产

Sentiment and capital flows:

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

BTC overall long/short account ratio: 2.57, with longs at 72%

News:

1. Binance: Has covered the $6 billion in losses from this hack

2. STO: 21.35 million tokens unlock tomorrow (November 2), accounting for 9.48% of the circulating supply

My take:

Looking at sentiment, capital flows, and positions together is more reliable than looking at price alone.

What would you do today?

Don't take what I say as investment advice.