Today's top story:

Bitwise CIO: The $6.3 billion Binance hack won't change Bitcoin's long-term trajectory, but ETF fund flows warrant watching in the short term

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

Major cryptocurrencies:

$BTC 78,458 (+0.93%)｜$ETH 2293.84 (+1.21%)｜BNB 711.79 (+1.25%)｜SOL 94.97 (-0.5%)

The broader market is strengthening moderately, with an overall bullish bias.

Sentiment and fund flows:

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

$6.94 million liquidated across the market in the past hour, with long positions accounting for 7.3%

What people are talking about:

#币安已覆盖60亿美元被盗损失 #币安第一阶段15个网络已恢复提现

A few updates today:

1. He Yi responds again to questions about the bestie coin and project listings: Listing decisions are not influenced solely by personal relationships.

Biggest gainers and losers:

Top gainers: ESPORTS +86.85%, IDOL +46.59%, LYN +23.09%

Top losers: UAI -43.75%, RUNE -17.68%, POWR -16.77%

My take:

I’ll be trading less and observing more today. What about you?

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

Don’t take this as investment advice.