Trader Killa still holds a long position in BTC, stating that the Binance incident may be a low point before the rise
Trader Killa posted on platform X that he still holds a BTC long position established around $76,400 and believes that the Binance hacking incident could be the last significant low point before a substantial rise in the crypto market.
Killa pointed out that it is especially important to remain calm during periods of market pressure and the spread of FUD sentiment. Currently, Bitcoin has dropped about 13% from its high, and he believes that this round of Bitcoin's pullback will not reach 20%. Additionally, he mentioned the coincidence of the Binance hacking incident coinciding with the timing of the U.S. midterm elections.