On Tuesday, November 4, 2025, the crypto market seemed to be shrouded in pessimism as if a bear had appeared overnight. BTC completely fell below the psychological dividing line of bulls and bears, which is the 200-day moving average of 109k, retracting to the 106k range. The well-known DeFi protocol Balancer was hacked, causing a significant blow to industry confidence. Someone jokingly posted, "Hey, Hacker, just a reminder that there is still nearly 50 billion USD TVL in AAVE." Scared, someone replied, "If AAVE is breached, the DeFi industry will be destroyed. We may have to consider rolling back the Ethereum chain to respond."

BTC-2,55%
BAL-1,98%
AAVE-4,78%
ETH-3,73%
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