BTC is trading above MA7 and MA25, suggesting a short-term recovery. However, it remains below MA99, indicating that the overall trend is still bearish.
2️⃣ Important Support & Resistance Levels
🟢 First Resistance: $78,500 🟢 Second Resistance: $79,600 🟢 Major Resistance: $80,200
🔴 First Support: $77,200 🔴 Second Support: $76,400 🔴 Strong Support: $76,000
3️⃣ What's Happening Next?
📈 Bullish Scenario: If BTC closes a 4H candle above $78,500, it could move towards $79,600, followed by $80,200.
📉 Bearish Scenario: If BTC breaks below $77,200, it could retest $76,400 or even $76,000.
4️⃣ My Personal Opinion
BTC is showing signs of a short-term bullish recovery, but a confirmed bullish reversal has not happened yet.
The next important move depends on how BTC reacts around $78,500 resistance and $77,200 support.
⚠️ Manage your risk carefully. Avoid excessive leverage and wait for confirmation before entering a trade.
🚨 $6.3 BILLION BINANCE HACK: A FAKE JOB INTERVIEW STARTED IT ALL!
A sophisticated cyberattack reportedly targeting Binance began with a fake job interview. Attackers allegedly posed as recruiters and tricked an engineer into downloading a malware-infected coding assignment onto a work computer.
🔴 How the attack happened:
- Hackers used a fake recruitment process to infect an engineer's computer. - They reportedly exploited an internal AI tool to reach two wallet engineers' systems. - Stolen credentials were used to execute a malicious script on October 29. - Attackers exploited Ethereum's EIP-7702 feature to gain control of a hot wallet. - Binance reportedly took around four hours to contain the incident.
💰 Binance's response:
- $2.85 BILLION reportedly frozen. - 98% of affected tokens replenished using company funds. - Binance says users will not bear the losses.
🇰🇵 The FBI attributed the attack to North Korea.
⚠️ IMPORTANT SECURITY REMINDER: Fake job offers, malicious coding assignments, and stolen credentials can become major entry points for cyberattacks. Always verify recruiters and never run unknown code on work devices.
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