“Hard To Be Bearish Here” — Analyst Who Nailed XRP’s 700% Surge Turns Giga Bullish After Spotting Rare 2022 FTX Bottom Signal

Veteran crypto trader DonAlt, who previously anticipated XRP’s 700% rally in 2024, said he is strongly bullish after major cryptocurrencies held up despite a reported $6.3 billion Binance security incident. The FBI confirmed that North Korea’s TraderTraitor hacking group carried out last week’s theft of more than $6 billion from Binance, the world’s largest crypto exchange. Bitcoin held near $77,900 and XRP traded around $1.25. DonAlt compared the market’s lack of follow-through selling to November 2022, after the FTX collapse, when Bitcoin bottomed near $16,000 before later reaching $100,000. He cautioned that a similar setup does not guarantee the same outcome.