First, this story:

Analyst: BTC balance on Binance fell by 21,000 after withdrawals reopened, while on-chain reserves remain at $139.7 billion

First, take a look at this story, then compare it with the market action to see whether the market has priced in the news.

Market overview:

$BTC 76,912 (-2.03%)｜$ETH 2256.57 (-1.69%)｜BNB 697.04 (-2.23%)｜SOL 92.09 (-3.15%)

In a pullback; first, watch to see if support holds.

Top gainers and losers:

Top gainers: AGT +39.38%, ARIA +35.61%, EVAA +20.24%

Top losers: IDOL -32.83%, AKE -30.33%, INIT -30.1%

News:

1. Data: A hacker suspected of stealing $106 million from an EU entity bought 27,500 ETH yesterday

Funds:

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

BTC global account long/short ratio: 2.65, with 72.6% long

What's being discussed in the community:

#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

My take:

The market goes where the big money flows. Follow the money to gauge the direction.

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

Just my random thoughts—don't take this as investment advice.