Analysts Ali Charts and Killa urge dip-buying amid Binance hack fallout
- —Ali Charts: BTC failed its 50-day moving average and slid to $78,000, with $73,000 as next support
- —Buy zones cited: ETH at $2,000 after breaking a rising wedge, XRP at $1
- —Killa: a $2 billion hit is absorbable for Binance, collapse fears are FUD
- —Damage estimates range from $2.7 billion initially to $5.7 billion per Arkham
Why it matters: The dispute over Binance's actual losses will determine whether the panic stays contained or escalates into a broader crisis of confidence in exchanges.
Source: Blockmedia
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