• ERA has shown strong recent buying momentum. • A breakout above resistance could strengthen the bullish structure. • Failure to hold support could bring another pullback.
⚠️ One more thing: A token unlock of approximately 23.45M ERA is scheduled for November 17. That's a potential supply-pressure risk worth watching.
My take: I'm interested in seeing whether buyers can sustain this momentum rather than chasing the current green candles.
No breakout is confirmed yet!
👇 Let's discuss:
Are you watching $ERA ?
Do you think it can break $0.094, or will sellers reject it again?
The short-term bounce is encouraging, but the weekly trend reminds us that volatility is still high.
My observation: One green day doesn't confirm a trend reversal. I'd rather see sustained buying pressure and stronger market structure before becoming bullish.
💬 What's your view?
Is Bitcoin preparing for a stronger recovery, or should we remain cautious?
An update on Binance. It says last week's hack began with a fake job applicant, part of a North Korean scheme, according to the research firm Chainalysis.
As I said at the time, the blockchains worked. The thieves didn't break the technology. They got in by posing as someone looking for a job. $BTC $ETH #BinanceIncidentReport #BTCRebounds80K