First, here's the story:
Analyst: BTC balance on Binance fell by 21,000 after withdrawals reopened, while on-chain reserves still stand at $139.7 billion
Let's look at this first, then compare it with the market to see whether prices have factored in this news.
Market overview:
$BTC 76,884.85 (-2.03%)
$ETH 2255.58 (-1.69%)
BNB 696.87 (-2.19%)
SOL 92.05 (-3.11%)
In a pullback; let's see if support holds.
Top gainers and losers:
Top gainers: AGT +39.66%, ARIA +35.69%, EVAA +18.79%
Top losers: IDOL -33.07%, INIT -30.48%, AKE -28.32%
What's being discussed on the Square:
On the market:
Fear & Greed Index: 26 (Fear), down 11 from yesterday
BTC global long/short account ratio: 2.65, with longs at 72.6%
A few updates today:
1. Data: Hacker suspected of stealing $106 million from an EU entity bought 27,500 ETH yesterday
A few thoughts:
Follow the data, not your gut.
Are you leaning bullish or bearish today? Let’s chat in the comments.
Just chatting—win or lose, you’re responsible for your own trades.