The most important thing today:

Data: A whale in a certain revolving loan market recently panic-sold 288.1 cbBTC, then bought back 203.6 cbBTC at a higher price

Read this first, then compare it with the market to see whether prices have factored in this news.

Market snapshot:

$BTC 76,203.67 (-5.41%)｜$ETH 2243.42 (-7.62%)｜BNB 695.95 (-2.82%)｜SOL 90.4 (-6.11%)

Bears are in control; protect your capital first.

What people are talking about:

#币安将恢复更多资产提现 #韩国寻求将加密税推迟至2029年

Sentiment and flows:

Fear & Greed Index: 28 (Fear), down 22 from yesterday

Top movers:

Top gainers: CYBER +30.06%, BIRB +26.13%, UAI +13.33%

Top decliners: AIN -55.86%, JCT -48.57%, SOXLB -26.59%

News:

1. MOVE will unlock 165 million tokens on November 9, equivalent to 3.54% of the circulating supply

A few thoughts:

Until the direction becomes clear, keep positions light and watch whether BTC holds or loses key levels.

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