First, the news:

BlockBeats Nov. 5 Focus

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

Major cryptocurrencies:

$BTC 80,653.3(+5.26%)|$ETH 2432.07(+7.89%)|BNB 716.97(+3.87%)|SOL 96.5(+5.52%)

Bulls are in the lead, with momentum leaning positive.

Top gainers and losers:

Top gainers: ELSA +48.09%, JCT +44.82%, CAP +31.98%

Top decliners: AKE -32.03%, AGT -22.09%, HUMA -19.62%

News:

1. Canary Staked INJ ETF files Form 8-A, with the ticker INJC

2. Changpeng Zhao: Bitcoin is not a store of value; it has consistently appreciated

On the money front:

Fear & Greed Index: 50 (neutral), up 16 from yesterday

$5.23 million liquidated across the market in the past hour, with longs accounting for 58.8%

People are talking about:

#法院驳回暂停个股永续合约请求 #美国正式放行个股永续合约

My take:

Keep positions light until the direction is clear; first, watch how BTC fares at key levels.

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