Let's break down this news flash:
① What happened: Glassnode: Around 6.26 million Bitcoin public keys are exposed and at risk from quantum computing.
② Why it matters: This is somewhat negative news and could easily trigger short-term position trimming and caution. The key thing to watch is whether selling pressure hits all at once or builds gradually.
③ What I'll watch: Whether large holders' addresses show unusual activity, and whether coins in the same sector move along with them.
④ How to respond: Don't buy in just yet. Wait for the selling pressure to clear and the candlesticks to stabilize before deciding.
For trading context, $BTC is currently at 82418.11, down 0.37% over 24 hours, with an intraday range of 80393.56 ~ 83283.28.
What do you think at this stage?
#BTC
Crypto markets are volatile, so don't use too much leverage.
① What happened: Glassnode: Around 6.26 million Bitcoin public keys are exposed and at risk from quantum computing.
② Why it matters: This is somewhat negative news and could easily trigger short-term position trimming and caution. The key thing to watch is whether selling pressure hits all at once or builds gradually.
③ What I'll watch: Whether large holders' addresses show unusual activity, and whether coins in the same sector move along with them.
④ How to respond: Don't buy in just yet. Wait for the selling pressure to clear and the candlesticks to stabilize before deciding.
For trading context, $BTC is currently at 82418.11, down 0.37% over 24 hours, with an intraday range of 80393.56 ~ 83283.28.
What do you think at this stage?
#BTC
Crypto markets are volatile, so don't use too much leverage.