静静Emily

BlockBeats News, Nov. 4: Binance founder CZ reposted a lengthy article, calling it “another attack on Binance.” According to the article, from 05:00 on Oct. 30 to 20:00 on Nov. 2, over roughly 78 hours, 1,083 accounts published 11,700 hostile posts about the theft of Binance’s hot wallet, generating about 20.93 million impressions. Replies made up 79.6% of the posts, and 3,354 were identified as misinformation, falling into 15 categories of rumors. The article argues that alongside the genuine security incident, coordinated narrative manipulation with distinct timing and roles also emerged on X. The themes shifted with Binance’s response, including claims of an insider, insolvency, “the next FTX,” reluctance to open withdrawals, a bank run as soon as withdrawals opened, and exaggerated net outflows.

After the overnight sell-off, many people looked first at the Nasdaq and only then at their own portfolios. But what’s really worth reviewing is the transmission chain between the two—and how much shorter it’s becoming.
According to Bloomberg, chip stocks’ losses snowballed after the election results were finalized, with the Nasdaq 100 plunging about 6%. A gauge of chip giants fell 11%, putting it on track for its worst week since the tariff crash in April 2025. Nvidia fell 8%, while Tesla and SpaceX each dropped 11%. Meanwhile, Bitcoin fell 5.5% to $75,737, and Ethereum dropped 6.9% to $2,249.55. The S&P 500 fell 3.7%, and the MSCI global index lost 2.7%.

Real opportunities often belong to those who can stay the course!
The market has been somewhat volatile lately. As the chart shows, after a period of gains, prices surged and then pulled back, followed by a period of consolidation. I’d like to share a few heartfelt thoughts with you about this.
First, we need to have confidence in the project—and, above all, be patient with our own choices.
No market can rise in a straight line forever. As prices climb, some investors take profits, short-term funds flow in and out, and market sentiment fluctuates. A pullback, correction, or period of consolidation after a sharp rise is perfectly normal market behavior.