Today's key takeaway:

ARK filed for a tokenized market infrastructure ETF, offering indirect exposure to assets such as ETH and SOL

ETF flows have been one of the main themes lately, and shifts in fund flows are more worth watching than daily price movements.

Major coins:

$BTC 76,049.78 (+0.0076%)

$ETH 2247.09 (+0.39%)

BNB 696.56 (+0.22%)

SOL 90.46 (+0.32%)

The market is moving sideways, with bulls and bears both waiting for a signal.

Sentiment and fund flows:

Fear & Greed Index: 25 (Extreme Fear), down 3 from yesterday

BTC long/short ratio across all accounts: 3.12, with longs at 75.7%

Top movers:

Top gainers: AKE +150.54%, ONE +69.53%, UAI +39.39%

Top decliners: MAGMA -15.64%, CLANKER -13%, CAP -7.78%

News:

1. STABLE will unlock approximately $22.32 million worth of tokens tomorrow (November 8), equivalent to 4.93% of the circulating supply

A few thoughts:

I’ll be trading less and watching more today. What about you?

Are you bullish or bearish today? Let’s chat in the comments.