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📈 Prediction (TIA and LINK): 😵 TIA/USDT - According to the analytical platform Coinglass, the open interest in #TIA has decreased by 50% over the last month. As of March 30, the indicator stood at $233 million. At the time of writing, it has dropped to $113 million. This indicates that investors preferred to exit their positions and wait for a more favorable moment. Forecast: Celestia's price is testing the $9.2 level. If it doesn't hold, the altcoin is expected to drop to the nearest support at $8.3. Its loss will confirm the bearish thesis and lead to further TIA correction down to $7. However, a bounce from the $8.3 level will help prevent the decline. Returning to $10 will offset half of the losses incurred and render the bearish scenario untenable. 📉 LINK/USDT - The recent correction has kept investors away from LINK: this is evident from the network's growth rates, which have fallen to an annual minimum. Forecast: At the time of writing, #LINK is trading below the crucial support at $13.2, which coincides with the 23.6% Fibonacci correction. If the altcoin fails to hold the current level of $12.7, it risks falling to $11.7 before bouncing back up. However, successful confirmation of the $13.2 level as support may lead to the start of a recovery. This will refute the bearish thesis and allow #Chainlink to rise to $14.8 and beyond. 👍 Enjoying this analysis? Share it with others!

📈 Prediction (TIA and LINK):

😵 TIA/USDT - According to the analytical platform Coinglass, the open interest in #TIA has decreased by 50% over the last month. As of March 30, the indicator stood at $233 million. At the time of writing, it has dropped to $113 million. This indicates that investors preferred to exit their positions and wait for a more favorable moment. Forecast: Celestia's price is testing the $9.2 level. If it doesn't hold, the altcoin is expected to drop to the nearest support at $8.3. Its loss will confirm the bearish thesis and lead to further TIA correction down to $7. However, a bounce from the $8.3 level will help prevent the decline. Returning to $10 will offset half of the losses incurred and render the bearish scenario untenable.

📉 LINK/USDT - The recent correction has kept investors away from LINK: this is evident from the network's growth rates, which have fallen to an annual minimum. Forecast: At the time of writing, #LINK is trading below the crucial support at $13.2, which coincides with the 23.6% Fibonacci correction. If the altcoin fails to hold the current level of $12.7, it risks falling to $11.7 before bouncing back up. However, successful confirmation of the $13.2 level as support may lead to the start of a recovery. This will refute the bearish thesis and allow #Chainlink to rise to $14.8 and beyond.

👍 Enjoying this analysis? Share it with others!

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🔐 Cyber News (June 9, 2024): 1️⃣ Swift: The team behind the #Gemholic ecological project within the #ZkSync Era ecosystem faces allegations of executing a rug pull amounting to $3.5 million. As per statements from affected users and select experts, the developers withdrew funds from the protocol and promptly erased all traces from social media platforms. 🌿 2️⃣ NY AG James: Letitia James, head of the New York State Attorney General's office (NYAG), has initiated legal action against NovaTechFx and AWS Mining on charges of fraud and investor deception. Operating akin to a Ponzi scheme, these companies defrauded over 11,000 residents of New York, with a focus on exploiting religious communities and Haitian immigrants. ⚖️ 3️⃣ PeckShield: Observations from cybersecurity analysts indicate a surge in hacker activity. The cumulative losses from these illicit activities are poised to exceed the previous year's figures, with hackers siphoning off $575 million in May 2024 alone. 🛡️ 4️⃣ Sky Mavis: Sky Mavis, the studio behind Axie Infinity's development, has successfully recovered $5.7 million pilfered from the Ronin sidechain. This retrieval was made possible through collaboration with the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime. 🐉 5️⃣ Justice: Three British nationals stand accused by the US Attorney's Office of amassing $3 million through fraudulent means involving a collection of non-fungible tokens (NFTs). Mohamed-Amin Acha, Mohamed Rilaz Valida, and Daud Hassan orchestrated the "Evolved Apes" NFT collection with the explicit purpose of duping investors and absconding with their funds. 🎭 👍 If you found this update insightful, feel free to like, share, and subscribe for more intriguing news!
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