After the incident yesterday, which was the hacking of the Bybit platform and the seizure of an amount of Ethereum estimated at 1.4 billion
Selling operations began due to panic and fear
We were about to surpass the barrier of 100000
But a correction process started
As happened, we reached a support point of $95500
And a rebound occurred now above $96000
My personal opinion is that the market will stabilize and return faster within a few days
Especially since the owner of the platform promised that compensation will be provided amounting to 1.1 billion, which is good
Secondly, withdrawal operations have returned again for the platform
And this is also positive
We now need the return of confidence in the market, as this incident is much less than the FTX incident
In the coming days, we will see movement again, God willing #