First, the story:

Bitwise CIO: $6.3 billion stolen from Binance won't change Bitcoin's long-term trajectory, but short-term ETF fund flows bear watching

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

First, a look at the markets:

$BTC 78,440 (+0.91%)

$ETH 2292.85 (+1.09%)

BNB 713.23 (+1.39%)

SOL 94.95 (-0.72%)

A modest rise. The pace is slow, but the direction is up.

What people are talking about:

#FBI确认朝鲜应对币安被盗事件负责 #币安第一阶段15个网络已恢复提现

On fund flows:

Fear & Greed Index: 37 (Fear), up 3 from yesterday

$6.94 million in liquidations across the market in the past hour; long positions accounted for 7.3%

A few updates for today:

1. XPL flash crash recap: 16 linked wallets withdrew their margin in advance on Hyperliquid, causing the HLP liquidation vault to lose $556,000

Top movers:

Top gainers: ESPORTS +94.62%, IDOL +41.91%, LYN +27.23%

Top losers: UAI -47.53%, RUNE -17.89%, LSK -16.23%

A quick thought:

When the market moves, don't hesitate; when it doesn't, don't force it.

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

Just my personal opinion, not investment advice.