The key takeaway today:
Li Yihua: Republicans are likely to lose control of both chambers; U.S. stocks may continue to pull back, while Bitcoin is relatively resilient
Start with this update, then compare it with the market to see whether prices have reacted to the news.
Market overview:
$BTC 76,602.02 (-0.35%)
$ETH 2254.78 (-0.011%)
BNB 689.99 (-0.96%)
SOL 91.48 (-0.61%)
Volatility is low; patience matters more than trading.
Sentiment and capital flows:
Fear & Greed Index: 34 (Fear), up 8 from yesterday
$4.9 million in liquidations across the market over the past hour, with long positions accounting for 89.5%
News:
1. Bitcoin miners’ October revenue reached $1.215 billion, a new 11-month high; hash price fell 17.54% month over month
2. SlowMist founder: Binance was hacked in an APT attack; engineers shouldn’t be the only ones blamed
What people are discussing on the plaza:
Biggest gainers and losers:
Top gainers: CLANKER +41.8%, BMT +37.12%, IDOL +22.71%
Top losers: AKE -38.19%, APR -22.46%, UAI -21.94%
My take:
A new day brings just as many opportunities as fluctuations. Before diving in, plan your stop-loss!
What will you do today?
These could be wrong too—don’t take them as advice.