BGB — What The Chart Says After The Incident 📊 Credit where it's due 👏 When the hot wallet incident hit, @GracyBitget went live and stayed on for over 3 hours taking real questions from the community. Not a scripted statement. Hourly updates on top of it. That's not how a platform that's hiding behaves. Now the chart 🔍 BGB wicked hard into 1.8850 — the rising support trendline I've been tracking, and the exact level I entered off. It got bought immediately. Price is sitting at 1.9636 and hasn't given it back. Levels I'm watching: 🔹 Support: 1.8850 — has to keep holding. Below that, 1.7523 🔹 Resistance: 2.0722 first, then 2.1949 at the top of the channel While 1.8850 holds on the 4H, structure is intact. On the fundamentals, per Bitget and Gracy's statements: 🔸 Estimated loss ~$351.6M 🔸 Covered by the User Protection Fund — 5,500 BTC, over $464M, public on-chain addresses anyone can verify 🔸 Proof of reserves above 100% 🔸 Deposits and trading remained operational throughout The bit people are missing: this is not FTX. FTX froze because the money was gone. Here an outside attacker took funds, and a pre-funded reserve already exists to cover the loss. Loss containment is confirmed per Gracy's update. Withdrawals being paused is inconvenient — I'm not going to pretend it isn't. But freezing withdrawals during a security review is standard protocol, not a sign the money isn't there. Never had a withdrawal issue previously. I'm staying. $BGB #bgb