【The First Thing to Watch Today】

Arthur Hayes: Dollar liquidity is recovering, but Bitcoin is expected to remain weak until the Fed expands its balance sheet

Macroeconomic data can change rate-cut expectations, and risk assets usually move with those expectations first.

【Market Snapshot】

$BTC 76,939（-1.94%）｜$ETH 2252.74（-1.75%）｜BNB 696.29（-2.4%）｜SOL 91.96（-3.19%）

Under some pressure, but it’s too early to call a trend reversal.

【Capital Flows】

Fear & Greed Index: 26 (Fear), down 11 from yesterday

【Trending on the Square】

#币安10月31日储备金证明快照零知识证明已生成 #山寨爆发

【Worth Watching】

1. Brazilian exchange Mercado Bitcoin was hacked, losing over $46 million; the hackers hold about $9.2 million in altcoins

【Top Gainers and Losers】

Top gainers: ARIA +44.27%, EVAA +23.18%, AGT +20.23%

Top losers: AKE -36.31%, IDOL -29.63%, INIT -29.31%

【My Take】

Keep a close eye on fund flows: ETF flows and the long/short ratio among large investors are the two most noteworthy figures today.

Which news item are you paying the most attention to today?