After yesterday's incident, which was the hacking of the BitPay platform and the seizure of an amount of Ethereum valued at 1.4 billion
Selling operations began due to panic and fear
We were about to overcome the obstacle of 100,000 30,830,578,711
But a correction process began
As happened, we reached a support point of $95,500
And a rebound occurred now above $96,000
My personal opinion is that the market will stabilize and return more quickly within 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 returned to 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