The most important thing today:
CYBER will unlock 3.85 million tokens today, representing 6.28% of the circulating supply
Read this first, then compare it with the market to see whether the news has been priced in.
First, let's look at the market:
$BTC 67,672.19 (-3.45%)
$ETH 1912.23 (-3.42%)
BNB 626.19 (-2.93%)
SOL 76.18 (-4.61%)
The broader market has pulled back noticeably; be mindful of your position size.
News:
1. ZEST will unlock approximately $1.09 million worth of tokens on November 17, representing 6.16% of the circulating supply
2. Strategy's unrealized loss on its Bitcoin holdings has widened to $6.85 billion
Sentiment and flows:
Fear & Greed Index: 13 (Extreme Fear), down 7 from yesterday
BTC overall account long/short ratio: 3.25, with longs at 76.5%
Top gainers and losers:
Top gainers: AKE +378.2%, SHELL +73.45%, TAC +57.22%
Top losers: BULLA -38.09%, BTW -18.32%, SOXLB -15.98%
My take:
Stay sharp, and stay level-headed.
What do you think of today's market? Share your thoughts in the comments.