The most important thing today:
ARK files for a tokenized market infrastructure ETF, offering indirect exposure to assets such as ETH and SOL
ETF flows are one of the main themes during this period; changes in flows are more worth watching than one day's price movement.
First, a look at the markets:
$BTC 76,100.57 (-0.16%)
$ETH 2248.25 (+0.22%)
BNB 695.81 (-0.0014%)
SOL 90.45 (+0.077%)
The market is moving sideways, with both bulls and bears waiting for a signal.
A few updates from today:
1. Two addresses bought a combined approximately 18,500 ETH, worth about $42.2 million
2. STABLE will unlock approximately $22.32 million worth of tokens tomorrow (November 8), equivalent to 4.93% of the circulating supply
Capital flows:
Fear & Greed Index: 25 (Extreme Fear), down 3 from yesterday
Top gainers and losers:
Top gainers: AKE +132.39%, ONE +61.29%, UAI +38.7%
Top losers: MAGMA -16.82%, CLANKER -12.56%, CAP -7.62%
My take:
Until trading volume picks up, treat any breakout with skepticism.
How would you trade today?