Fischer Analytics

☀️Good morning friends! 🔥Today's summary: 🪙BNB - 267.35 (+2.14%) 🪙BTC - 16926.93 (-0.09%) 💠ETH - 1264.34 (-0.07%) @Fischer_TA

US authorities arrest Mango Markets hacker US federal authorities have arrested Abraham Eisenberg in Puerto Rico for defrauding the decentralized exchange Mango Markets. He was charged in the US District Court for the Southern District of New York. Eisenberg himself is accused of fraud and manipulation of goods. In October, Eisenberg led a team that used Mango Markets to cash out $114 million by manipulating the price of the exchange's native token, MNGO. Other projects were also robbed in this way. @Fischer_TA

📌#news Nexo has pulled out of a deal to buy troubled crypto company Vauld. Previously, Vauld suspended all services on its platform and began considering restructuring options. @Fischer_TA

#news 1inch Network has activated the Fusion update, which aims to provide economical, secure and profitable swaps for crypto investors. Fusion will allow investors to place orders with a predetermined price and time range without paying network fees. @Fischer_TA

#techanalysis 🪙BTC/USDT BTC rebounded after short-term liquidity. It is currently facing resistance and a break would confirm a move towards horizontal resistance for medium-term bullish confirmation that would provide a trend reversal in the market. Bitcoin cannot break the resistance zone. I think this is a failure and the price is testing the resistance zone again. Altcoins are showing some positive movement and we may see a more uptrend if Bitcoin remains stable in this range. @Fischer_TA

#techanalysis 🪙BTC/USDT BTC briefly rose above the $17,000 level on Wednesday as markets began anticipating the release of the upcoming US consumer confidence report. After a low of $16763.66 on Tuesday, Bitcoin reached an intraday high of $17012.98 earlier in today's session. Today's surge comes as prices have risen again above a key resistance level at $16,800. Looking at the chart, the bitcoin has pulled back from earlier highs, with the coin currently trading at $16868.40. @Fischer_TA

🏓#techanalysis ADA/USDT Cardano continues to decline, as does trading volume. The chart and RSI have formed a bullish divergence (4-hour timeframe) and the trading volumes confirm this. I expect ADA to start rebounding after breaking resistance. @Fischer_TA

#news ⚡️SBF bail denied Bankman-Fried's lawyer asked to be released after paying $250,000 in cash, the court refused, now Sam will spend Christmas behind bars. Hearing on his extradition to the United States is scheduled for February 8, 2023. @Fischer_TA

#news Cryptocurrency exchange OKX has reported a disruption due to issues with Alibaba Cloud. Many clients have also reported that their balances are not displayed correctly and margin trades are simply stuck. The company assured that users' money is safe. @Fischer_TA 💎