After yesterday's incident, which was the hacking of the Bybit platform and the seizure of an amount of Ethereum valued at 1.4 billion
Selling operations started due to panic and fear
We were about to overcome the hurdle of 100,000 $
But a correction process began
As happened, we reached a support point of $95,500
And a rebound has now occurred above $96,000
My personal opinion is that the market will stabilize and return faster in a few days
Especially since the platform owner promised that compensation will be provided amounting to 1.1 billion, which is good
Secondly, withdrawal operations have resumed on the platform
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