First, here's the situation:

The crypto market suffered a bloodbath, mainly due to rising expectations of multiple Fed rate hikes, sustained ETF net outflows, and sell-offs in tech stocks.

ETF flows have been one of the main drivers lately, and changes in flows are more worth watching than daily prices.

Market overview:

$BTC 64,781.68 (-4.13%)

$ETH 1811.45 (-5.07%)

BNB 591.11 (-5.38%)

SOL 71.09 (-6.14%)

The broader market has pulled back sharply. Pay attention to position sizing.

Sentiment and capital flows:

Fear & Greed Index: 10 (Extreme Fear), down 3 from yesterday

Over the past hour, $50.05 million in positions were liquidated across the market, 93.7% of them long positions

Top gainers and losers:

Top gainers: EVAA +56.8%, SOPH +15.98%, PIEVERSE +10.5%

Top losers: KAVA -58.35%, AGT -27.43%, BERA -25.97%

A few news items today:

1. SIGN will unlock approximately $2.48 million worth of tokens tomorrow (November 16), representing 10.5% of the circulating supply

2. Bitcoin fell below $62,000, down more than 5% on the day

A few thoughts:

When the market moves, don't hesitate; when it doesn't, don't force it.

What would you do today?

Just listen—don't follow this blindly. Make your own decisions.