Most important today:
Yi Lihua: The Republicans are highly likely to lose control of both chambers; U.S. stocks may continue to pull back, while Bitcoin is relatively resilient
Take a look at this first, then compare it with the market action to see whether the market has priced in this news.
Major coins:
$BTC 76,664.83 (-0.29%)｜$ETH 2256.4 (-0.034%)｜BNB 690.89 (-0.84%)｜SOL 91.46 (-0.68%)
Trading sideways; bulls and bears are both waiting for a signal.
Sentiment and capital flows:
Fear & Greed Index: 34 (Fear), up 8 from yesterday
$4.9 million in liquidations across the market in the past hour, with long positions accounting for 89.5%
Top movers:
Top gainers: CLANKER +39.79%, BMT +36.67%, IDOL +22.2%
Top decliners: AKE -38.05%, UAI -22.66%, APR -22.07%
What people are discussing on the Plaza:
A few updates today:
1. Bitcoin miners’ October revenue hit $1.215 billion, an 11-month high, while hashprice fell 17.54% for the month
My take:
Liquidation data will show you who’s swimming naked.
What will you do today?
I could be wrong too—make your own judgment.