Also quick update on the post bybit hack.
On Friday (time of the hack) we saw
- Indices dropping heavily (important to see how the US 🇺🇸 stock market opens on Monday, especially Nasdaq and the SPX)
- BTC dropping from 99 to 94k
- ETH dropping from 2800 to 2600
As said, bybit handled the hack like real professionals.
The market is already back at pre hack levels.
If US opens in the green we have odds of going to retest the high of the range 102.6-104.3k where ideally I’d be vigilant for either a breakout to the upside and finally leave this choppy price action behind or rejection back in the range.
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