The timing for a private key leak is usually pretty much the same: on the first day the news hits, selling pressure dumps everything in one go, then you watch it for three more days. Once volume contracts and the price rebounds back to the low point before the incident, only then can you say the selling is done.
This time, Fetch.ai had about 8.7 million FET moved by the same attacker. FET’s current price is 0.1694, down 6.4%, and it’s still in the first wave of the sell-off. Don’t chase the drop, and don’t try to grab the rebound.
The same attacker also moved several other coins, and the AI sector was affected along with them. NEAR is down 2.7% to 3.56, MOVE is down 3.3% to 0.0087—both were dragged down, and their fundamentals haven’t changed. Wait for trading volume to shrink and for the price to reclaim the day-before-incident low. Only then consider entering on the right side. For now, focus on FET.
#FET #NEAR
This time, Fetch.ai had about 8.7 million FET moved by the same attacker. FET’s current price is 0.1694, down 6.4%, and it’s still in the first wave of the sell-off. Don’t chase the drop, and don’t try to grab the rebound.
The same attacker also moved several other coins, and the AI sector was affected along with them. NEAR is down 2.7% to 3.56, MOVE is down 3.3% to 0.0087—both were dragged down, and their fundamentals haven’t changed. Wait for trading volume to shrink and for the price to reclaim the day-before-incident low. Only then consider entering on the right side. For now, focus on FET.
#FET #NEAR