Opinion: Binance Hack Incident May Be the Last Major Low Before a Significant Crypto Market Rally

Odaily reports: Trader Killa posted on X platform that he still holds a BTC long position established near $76,400, and believes the Binance hack incident may become the last major low before a significant crypto market rally.

Killa noted that during periods of market pressure and spreading FUD sentiment, it is particularly important to stay calm. Bitcoin has currently dropped about 13% from its high, and he believes this round of pullback will not reach 20%. Additionally, he mentioned the coincidence of the Binance hack incident overlapping with the timing of the U.S. midterm elections.