First, here’s the news:

A hacker has opened a 20x leveraged long position in $12.84 million worth of BTC and a short position in $12.83 million worth of ETH

Security incidents like this first affect risk appetite; in the short term, watch to see whether capital shifts to safer assets.

First, a look at the market:

$BTC 75,738.01 (-0.39%)｜$ETH 2232.4 (-0.61%)｜BNB 694.96 (-0.16%)｜SOL 88.97 (-1.57%)

Markets are consolidating sideways, with bulls and bears both waiting for a signal.

Top movers:

Top gainers: IDOL +32.13%, KOMA +28.88%, AIOT +15.37%

Top losers: UAI -43.97%, JCT -18.23%, LSK -9.3%

A few updates today:

1. A certain whale has redeemed 7,500 ETH over the past three days and is suspected of selling

2. A certain whale has withdrawn a total of 13,080 ETH from Binance over the past 6 days, worth approximately $29.21 million

Sentiment and funds:

Fear & Greed Index: 28 (Fear), up 3 from yesterday

BTC overall account long/short ratio: 3.08, with longs accounting for 75.5%

My take:

I’m taking it easy today and watching the market.、

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