$BNB

Today we have seen a significant increase in the price of Bitcoin ($BTC) and Binance Coin ($BNB). However, recent hacker activity has shifted the focus from $TON to Bitcoin, causing an exodus of many whales to other cryptocurrencies such as Ethereum ($ETH) and Binance Coin ($BNB).

Analysis and Forecast:

Bitcoin ($BTC): Bitcoin price is on a strong upswing, but hacker activity could lead to short-term volatility. Whales are liquidating their positions, which could indicate a potential downside.

Binance Coin ($BNB): BNB has also seen a significant increase. The current conversion rate of BNB to BTC is around 0.009036 BTC for every 1 BNB¹. This positive trend could continue, especially with the influx of capital from whales.

Ethereum ($ETH): With whales moving towards ETH, we can expect a price increase for this cryptocurrency as well.

Recommendations:

Close Monitoring: Keep monitoring market movements and news related to hacking attacks.

Evaluating BNB/BTC: Consider the BNB/BTC pair for trading opportunities. The current conversion rate is favorable and could offer good profit opportunities.

Protection Strategies Prepare exit strategies to protect capital in case of further declines.

Stay alert and ready to adapt your strategies based on the market evolution. Happy trading!