Doctor Profit stated that the approximately $6.3 billion theft from Binance was a black swan event. Bitcoin showed resilience as it fell to $76,400, but it has already broken below the $80,000 to $81,000 support zone. In the past 24 hours, 36,600 BTC from short-term holders transferred to exchanges. Over the past seven days, short-term holders deposited approximately 45,400 BTC into Binance, realizing losses of approximately $1.115 billion. He believes $76,000 is crucial for maintaining the bull market; a break below this level would risk a drop to $67,000 to $69,000. A recovery above $82,000 would be a significant signal of a bullish rebuild. He currently holds long positions with an average price of $80,400 and spot positions established starting at $60,000, and cautioned that the US midterm elections and earnings reports could cause market volatility.
