Following yesterday's cryptocurrency crash caused by the news of the Bybit hack, the market is attempting a technical rebound. Historically, the market has always shown the ability to absorb various cyber attacks. 🙃
Bybit is currently searching for wallets to recover the stolen ETH, a complex task given the operating mode of the NK collective, which is responsible for this sophisticated attack.
Bitcoin is trying to stay above 95k, where it has been consolidating an interesting structure for a few months (93-98k range).
Yesterday it even attempted to break above 99k, but this collapse was unwanted. 🤔