First, about this:
Drift hacker shorts the ETH/BTC pair, racking up $658,000 in unrealized gains in just one day
Security incidents like this first affect risk appetite. In the short term, watch whether capital shifts to a more cautious stance.
First, let's look at the market:
$BTC 75,490.01 (-0.32%)
$ETH 2154.44 (-3.52%)
BNB 690.56 (-0.64%)
SOL 88.16 (-0.99%)
Volatility is low; patience matters more than trading.
Sentiment and capital flows:
Fear and Greed Index: 29 (Fear), up 1 from yesterday
BTC market-wide account long/short ratio: 2.84, with longs accounting for 74%
$4.98 million in liquidations market-wide over the past hour, with long positions accounting for 58.5%
What's being discussed on the square:
Top gainers and losers:
Top gainers: JCT +256.17%, ON +18.53%, AIOT +17.95%
Top losers: UAI -37.47%, LYN -18.75%, ACT -18.34%
News:
1. Ethereum EIP-8488 draft: Implements a cutoff between old and new Gas pricing, introducing versioned opcodes
2. 165 million MOVE tokens unlock today, representing 3.52% of the circulating supply
A few thoughts:
There are market moves every day, but you only have one pot of capital. Trade rationally.
Are you bullish or bearish today? Share your thoughts in the comments.
Just use this as a reference—don't take it as fact.