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$BTC Should You Sell Bitcoin? Looking at the Bitcoin price that hasn't moved very much for a week, most whales are worried. Crypto Petal, a well-known analyst, said recently that it is difficult to distinguish whether it is reassuring or worrying. What he said is that Bitcoin is currently trading at $106,500 and the outcome is one of two options: a rally to $120,000 and a dip to $75,000. If the Bitcoin bulls can provide the amount of market demand they need, the bull run will continue to $120,000. If not, the price will fall below the $90,000 support zone and the price will fall to around $75,000. Bitcoin has surged 21.46% in one month and only 1.62% this week is really raising eyebrows. On the other hand, Coincodex's analysts say that the price of Bitcoin will reach $127,872 in the next five days and $155,583 in the next three months. $BTC

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#CryptoNewss It is reported that a Chinese company's printer has installed malware to steal Bitcoin Procolored, a Chinese printer manufacturing company, provides drivers with USB. Bitcoin-stealing malware was allegedly hidden in download files uploaded to the cloud. According to a recent report from China's Landian News, 9.3 BTC (almost $953,000) worth of Bitcoins have been stolen. "This malware comes with an official driver and contains a feature that replaces the user's clipboard with the hacker's address," Landian News reported. For those who have installed Landian News Procolored driver during the month, it is recommended to fully check with antivirus. But to be safe, it is strongly recommended to reinstall the operating system and check the old files carefully. The problem was first discovered by YouTuber Cameron Coward while testing Procolored's UV printer. His antivirus warned him that the driver file contained a worm and trojan called Foxif. But Procolored later denied that the antivirus was a false positive. Coward later revealed the information on Reddit, which was investigated by cybersecurity firm G-Data. According to him, many driver files of Procolored have been uploaded to MEGA since October 2023, and they contain the main malware (Win32.Backdoor.XRedRAT.A backdoor clipboard replacement crypto stealer). After G-Data contacted Procolored, the company deleted the malware files on May 8, 2024 and ran a new system scan. The cause of the problem was a malware infection during the USB manufacturing process, a type of attack seen in hardware around the world known as supply chain compromise, he said. $BTC

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$ETH Ethereum could reach a point where it will immediately fall, then rebound sharply! Ethereum has been attracting attention from analysts due to some interesting developments recently. Analysts say that looking at technical indicators and on-chain data, Ethereum could either briefly fall (or) make a strong comeback like in 2020-2021. According to Ali Martinez, a renowned crypto analyst, Ethereum could be headed for a short-term decline. TD Sequential 3-Day Chart Sell Signal 6: This is especially true after the initial rally to $2,600. TD Sequential is very reliable when the market is short. It is a good indicator, especially when the market is very bullish and corrections occur. On-chain data shows a strong demand zone at $2,400. Ali Martinez SentoraHQ On-chain Data shared It showed that there was very large trading volume between 2,354 and 2,431. So $2,400 became a key support level. The 2.64 million addresses in this zone hold 6.3 million ETH. Ethereum is currently trading slightly higher at around $2,480. If ETH fails to hold this level, it could fall back below the Fibonacci level, but if it can hold support, it could become a launchpad for further gains from here. Ethereum V-Shape Recovery Crypto Analyst Ash Ethereum is in a V-Shape Recovery. This is a good sign for the long-term as it is similar to the price action in 2020-2021. 3 Weekly Chart 3 Recovery Pattern In comparison, Ethereum is in mid-recovery and could reach a new all-time high if it continues as before. $ETH

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#CryptoNewss Addentax Group Corp., a China-based clothing distribution company, is reportedly planning to buy $800 million worth of Bitcoin & TRUMP cryptocurrency. Normally, it would not be unusual for an organization to announce that it will be buying Bitcoin in the post-2020 period, but Addentax is unusual. The company's market cap is only $4.4 million, but it's worth considering where it will get its money to buy $800 million worth of crypto. Addentax Group claims that they are in discussions with crypto holders and that the total BTC holdings from these holders are up to 8,000 BTC. So, we are curious to see if these holders will participate and buy crypto. Since the acquisition will not only include BTC like other groups, but also TRUMP, it is more interesting to know whether it is honest or just a whim to buy a person-based memecon that does not guarantee any value. Some are criticizing Addentax Group for having a hidden agreement with Trump. $BTC $TRUMP

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#CryptoNewss FTX exchange 3 May 30 $5 billion in user funds will be released. The funds will be released via the BitGo and Kraken exchanges, and will arrive in your BitGo and Kraken accounts within 1 to 3 days starting on May 30th. However, there are criticisms about this because when FTX went bankrupt, it only paid for crypto at the market price. For example, if Bitcoin was only $50,000 when FTX went bankrupt, it would still be charged at $50,000 even if it was now $100,000. So, there are some who criticize that users are being harmed, while others say that they are just getting a refund. However, since FTX's refunds will only be in USD, there is no need to worry about increased selling and a price drop, and there are expectations that this money will be used to buy back crypto, which will increase demand. $BTC $USDC

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