Yesterday, when the market was booming, news suddenly broke that Bybit had been hacked, resulting in the theft of $1.5 billion worth of ETH.
This news was like a bolt from the blue for the market, ultimately causing panic and a sharp decline.
In the end, major players in the market extended a helping hand to Bybit, calming the short-term event and halting the market's decline.
Why are various platforms willing to lend coins to Bybit?
If the gap cannot be filled in the short term, it could lead to greater panic, resulting in another round of black swan events for the entire market.
This is something that many major holders, who have recently bottomed out after the last round of tariffs, do not want to see in the short term.
Once the market panics and experiences a sharp decline, it could lead to even greater losses for them. At the same time, lending out coins is a favor that can also enhance their own or their platform's reputation.
Many market leaders actively lending coins to resolve the market crisis has already indicated that they do not want to see a downward market trend, at least not in the short term.
Therefore, in the core strategy moving forward, the plan for the next week will continue to follow the medium-term approach, with target points (9.95-10, 2750-2850) remaining unchanged, just taking a longer route.
On the downside, reference the early morning low points (9.55-9.5), (2650-2630) to seek opportunities for long positions again, with a focus on defending at 9.4 and 2500. Meanwhile, with low liquidity over the weekend, during the day, one can pay attention to 9.65 and around 2700 to look for short-term downward pressure.
XRP has also retraced to the standard bottom support level in this round, relying on the bottom support line to gain strength again. In the short term, focus on 2.54-2.52 to seek entry opportunities for Ripple.
The upward target is in the range of 2.8-2.9, with a small defense at 5.45 to prevent a breakdown of support.
Dogecoin has slightly retraced back to the 0.25-0.24 range, maintaining the previous strategy of long positions unchanged, looking again at the 0.28-0.3 range, with defense focused on 0.22.
This column primarily focuses on sharing major mainstream cryptocurrencies BTC/ETH/EOS/XRP/ETC/LTC/DOGE. Follow the public account "Yanbi" to avoid getting lost and enjoy more service guidance.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。