Q: CZ responded to Vitalik's discussion about AI and cryptographic security. What impact could this have on the market?
A: This isn't very favorable news, but the pattern of a recovery after a sell-off on bad news is nothing new. I'd use the low before the news came out as the dividing line: holding above it would be relatively bullish; falling back below it would be relatively bearish.
$ETH is currently at 2482.56, down 3.82% over 24h.
#ETH
For reference only. Trade at your own risk.
A: This isn't very favorable news, but the pattern of a recovery after a sell-off on bad news is nothing new. I'd use the low before the news came out as the dividing line: holding above it would be relatively bullish; falling back below it would be relatively bearish.
$ETH is currently at 2482.56, down 3.82% over 24h.
#ETH
For reference only. Trade at your own risk.