Binance Gradually Reopens Withdrawals on 9 Networks After Cyber Attack

Binance's gradual reopening of withdrawals following a cyberattack may create short-term uncertainty and loss of confidence, which could increase selling pressure. Technical indicators are already weak: the price is below the SMA20 and SMA50, MACD is negative and below the signal line, and RSI at 41.7 confirms weak momentum. The 24-hour change of -1.89% supports the downward trend. However, the negative impact of the news may be limited because the gradual reopening of withdrawals also signals normalization. Therefore, I foresee a downward but low-confidence outlook.

Binance's gradual reopening of withdrawals following a cyberattack indicates that the incident has not yet been fully resolved and could suppress risk appetite in the short term. The ETH price is trading below the SMA20 and SMA50, while the RSI at 44 confirms weak momentum. The MACD is below the signal line and in negative territory, indicating that downward pressure persists. However, confidence should be kept low because the news is not directly specific to ETH and the impact may remain limited. In the 1-3 day outlook, a slightly bearish but uncertain picture stands out.

Binance's gradual reopening of withdrawals across nine networks following a cyberattack may be perceived in the short term as a mildly positive signal of confidence restoration; however, the news is not directly specific to SOL. The technical picture is weak: the price is below the SMA20 and SMA50, the 24-hour change is -2.97%, and with an RSI of 42, momentum remains in negative territory. MACD is negative but slightly above its signal line, indicating that the decline is losing momentum. Therefore, a sideways-to-choppy range is expected rather than a clear direction; sustained trading below 92.4 is a risk, while a move above 92.9 is the first threshold for a recovery.