The most important thing today:

Wall Street Journal: Some service providers continued processing stolen Binance transactions after the FBI’s appeal

Security incidents like this first affect risk appetite. In the short term, watch whether capital shifts to a more cautious stance.

First, a look at the markets:

$BTC 75,294.01 (-0.54%)｜$ETH 2148.79 (-3.69%)｜BNB 689.54 (-0.7%)｜SOL 88.11 (-0.91%)

There’s some pressure, but it’s too early to call a trend reversal.

Sentiment and flows:

Fear & Greed Index: 29 (Fear), up 1 from yesterday

$4.98 million in liquidations across the market over the past hour, with longs accounting for 58.5%

A few of today’s headlines:

1. Ethereum EIP-8488 draft: introduces a clean break between old and new gas pricing, and adds versioned opcodes

Biggest gainers and losers:

Top gainers: JCT +222.47%, AIOT +21.11%, ON +20.19%

Top losers: UAI -36.99%, ACT -18.75%, EVAA -13.81%

My take:

Looking at sentiment, capital flows, and positions together is more reliable than looking at prices alone.

Which news item caught your attention most today?