Let's start with this:
An Ethereum Foundation-linked wallet sold another 1,000 ETH 9 hours ago, worth about $2.03 million
Let's look at this item first, then compare it with the market to see whether the news has been priced in.
First, let's look at the market:
$BTC 73,677.66 (-1.56%)｜$ETH 2061.06 (-2.76%)｜BNB 682.37 (-0.96%)｜SOL 83.49 (-2.94%)
There's some pressure, but it's too early to call a trend reversal.
News:
1. The hacker address linked to the TLBL theft has cumulatively bought around 1,650 ETH
2. Bitcoin Core: A medium-severity vulnerability that could stall block processing has been disclosed; fixes are included in versions 29.2 and 30
On the funding front:
Fear & Greed Index: 29 (Fear), down 3 from yesterday
BTC platform-wide account long/short ratio: 2.92, with longs at 74.5%
Liquidations across the market in the past hour: $5.26 million, with long positions accounting for 33.3%
What people are talking about on the plaza:
Top gainers and losers:
Top gainers: ONE +34.31%, INIT +27.15%, ARIA +25.19%
Top losers: ON -40.96%, JCT -40.06%, PARTI -14.62%
My take:
Take in all the news first, then decide whether to make a move.
Are you leaning bullish or bearish today? Let’s chat in the comments.