Market Stabilises After Binance Volatility on November 1, 2026

1. MARKET RECOVERS MODERATELY
Market stabilises after Binance-linked sell-off. According to Prachachat data at 07:01 ICT, Bitcoin traded around $77,422, up 0.3% over 24 hours, with a 7-day gain of 4.18%. Ethereum added 0.48% to $2,252.07, while Solana slipped 0.93% to $95.32. Why it matters: prices are clawing back from steep losses tied to the Binance hack, when major coins fell sharply before staging a partial recovery.

2. KOREAN EXCHANGES SHOW SELECTIVE ROTATION
Upbit sees LSK jump more than 20%. At 08:00 KST, BTC traded at KRW 104,453,000 (+0.28%), ETH at KRW 3,038,000 (+0.56%), SOL at KRW 128,600 (-0.85%), and DOGE at KRW 102 (-0.97%). LSK led gains with 20.4% to 21.69% depending on the source, on turnover of KRW 108.8 billion; Upbit's KRW-market 24-hour volume reached KRW 891.3 billion across 299 coins. Why it matters: only 44% of large-cap coins advanced, suggesting funds are rotating into select altcoins rather than fueling a broad rally.

3. DERIVATIVES AND SENTIMENT LEAN DEFENSIVE
Fear & Greed Index sits at 30. Combined 24-hour volume on Upbit and Bithumb was KRW 1.3 trillion; LSK gained while Q (Quark AI) dropped 33.5%. Derivatives liquidations totaled $56.45 million, with 52% long and 48% short; the Deribit BTC options put/call ratio stood at 1.93; kimchi premium was +1.1%. Why it matters: elevated put/call and nearly balanced liquidations show traders are hedging downside risk rather than positioning for a strong breakout.

4. ALTCOIN PRESSURE REMAINS VISIBLE
TRX falls hardest among major altcoins. TRX traded at $0.3024, down 7.94% in 24 hours; HYPE at $87.80, down 2.46%; ZEC at $1,250.19, down 1.41%; XRP at $1.25, down 0.35%; BNB at $702.45, down 0.16%. Why it matters: while BTC and ETH stabilise, smaller altcoins continue to face profit-taking, and TRX's sharp decline signals rotation out of previously strong tokens.

5. INDONESIAN DATA SUPPORTS RECOVERY TREND
Pluang shows green across major pairs. At 02:21 WIB on November 1, BTC traded at Rp 1,407,156,205 (+1.36% 1-day), ETH at Rp 40,871,538 (+0.96%), XRP at Rp 22,741 (+1%), and BNB at Rp 12,804,193 (+1%). Why it matters: mild gains on the Indonesian exchange align with a technical rebound after the Binance-related volatility, though the recovery remains uneven across assets.

Today's watch: whether BTC holds the $77,000–77,400 area after the Binance-related shakeout.

*Thông tin tổng hợp mang tính tham khảo, không phải lời khuyên đầu tư.*