Following the breakout, THETA saw a short-lived upward push. However, the price was quickly rejected at the 1.08$ resistance level, indicating that bullish momentum still faces significant barriers. At present, the direction of the price remains uncertain.

Seeking Stability: Key Support Being Tested

Currently, THETA is attempting to hold the 0.84$ – 0.73$ support range. This zone is critical for price stability. A breakdown below this level could trigger a deeper correction towards 0.65$.

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For traders, this support band represents a key decision zone — whether to enter new positions or manage existing ones. Especially for short-term strategies, the outcome at this level will be pivotal.

Breaking Resistance Could Open New Targets

In a bullish scenario, a strong move above the 1.08$ resistance with volume could pave the way toward 1.30$ levels. Such a move would likely signal the beginning of a fresh upward trend for THETA, but it requires confident buying activity to materialize.

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The post THETA Breaks Downtrend: Is A New Rally Brewing? appeared first on Coin Engineer.

Seed Phrase Trap: Social Engineering at Its Worst

Ed Suman, a 67-year-old former fabricator for top artists like Jeff Koons, spent decades in the art world before shifting his focus to cryptocurrency investing. Over time, he amassed 17.5 Bitcoin (BTC) and 225 Ethereum (ETH) — the core of his retirement portfolio — stored safely in a Trezor Model One hardware wallet.

But in March, he received a text message that appeared to be from Coinbase, alerting him to suspicious account activity. He replied, and shortly afterward, a man calling himself “Brett Miller from Coinbase security” called him.

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The caller seemed legitimate, even referencing Suman’s use of a hardware wallet. Over the phone, he walked Suman through a supposed “security procedure,” which required him to enter his seed phrase into a site that perfectly mimicked Coinbase’s interface.

A second scam call came nine days later. After following the same process again, all of Suman’s crypto was gone.

Real Data Breach at Coinbase Raises Alarms

Coincidentally or not, Coinbase recently disclosed a data breach where attackers bribed Indian customer support contractors to access private user data — including names, account balances, and transaction histories.

Roughly 1% of monthly users were affected, including Sequoia Capital’s managing partner Roelof Botha. While no funds were confirmed stolen from him, the incident highlights growing concerns over third-party vulnerabilities.

Coinbase has since fired the compromised contractors and is planning to compensate affected users with a budget between $180 million and $400 million.

Hardware Wallets Are Not Foolproof

Suman’s tragic loss is a painful reminder: Seed phrases should never be entered into any website, regardless of how authentic it looks. The biggest threat in crypto isn’t always technology — it’s human manipulation.

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The post Retired Artist Loses $2M in Crypto to Fake Coinbase Site appeared first on Coin Engineer.

13$ Zone Holds the Line

At present, TRUMP coin is trying to hold the $13.45 – $13.00 support range. This level is technically significant. If it fails, price may retreat into the bullish FVG (Fair Value Gap) zone between $12.10 – $11.30. Such a move could indicate temporary weakness and spark cautious sentiment among investors.

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Support May Trigger Rebound

However, if the $13 support holds firmly, a bounce toward the $15 resistance could follow. Renewed interest and positive sentiment could drive the token higher, especially if broader market conditions align favorably.

Careful monitoring and the use of stop-loss orders around current levels are recommended. While technical indicators provide insight, news flow and market sentiment will also play key roles in the next move.

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According to experts, this fund transfer could indicate two possibilities. First, Mt. Gox may be preparing to start repayments to its creditors. Second, the exchange might be aiming to provide liquidity by releasing its Bitcoin holdings into the market. In either scenario, the introduction of such a large amount of BTC into circulation could exert significant downward pressure on prices.

Details of the $905 Million Bitcoin Transfer

Official reports show that Mt. Gox sent a total of 11,501 BTC to two different addresses. While $905 million worth of BTC was transferred to an unidentified wallet, the remaining portion continues to be held in a warm wallet. It’s also reported that a 20 BTC test transaction was conducted beforehand to verify the system’s operation.

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Last week, Mt. Gox had already moved more than $1 billion worth of Bitcoin to another address. Given that Mt. Gox still holds 35,915 BTC (valued at around $2.8 billion), these transfers are expected to continue impacting the market. Investors are closely monitoring any new transactions from these wallets.

What Will Be the Impact on Bitcoin’s Price?

Following news of the transfer, Bitcoin fell below $77,000, intensifying selling pressure. Experts highlight that current support levels are weak and that the market is going through a fragile period. Arthur Hayes, co-founder of BitMEX, stated that Bitcoin could experience sharp volatility between the $70,000 – $75,000 range.

Ryan Lee, an analyst at Bitget Research, predicts that if Bitcoin loses support at $77,000, prices could decline to the $70,000 – $72,000 zone. However, in a strong recovery scenario, BTC could quickly rise back toward the $80,000 – $85,000 range. Investors will be watching both Mt. Gox wallet movements and overall market developments closely.

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The post Huge Bitcoin Transfer from Mt. Gox! Is a Selling Wave Coming? appeared first on Coin Engineer.

Critical Level: $6.34 and the Downtrend Line

The most significant development for Aptos (APT) is the level just above $6.34. This point holds both the downtrend line and the FVG. If Aptos (APT) can hold this level, it could start a rally toward the upper order block targets. Closing above $6.34 could signal a new bullish phase for Aptos (APT).

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If Aptos (APT) reacts from the downtrend, the upward FVG just below will serve as an important support point. This support could help the price rebound. However, if the price remains below $6.34, further declines may follow. The $5.50 level would then act as a potential support.

If Aptos (APT) breaks above $6.34, it could target $7.00 and beyond. However, failure to break this level may lead to a pullback, and the $5.50 level could serve as a crucial support.

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The post Aptos to Break Critical Downtrend? Price Analysis! appeared first on Coin Engineer.

Key Support and Resistance Levels

The $257 level stands out as a critical resistance point. If SOL manages to break this level, the price is expected to rise towards $286. This area has historically faced strong selling pressure, so buyers need to remain strong at this level.

On the other hand, the $226 level is an important support zone. If SOL loses this support, the price could decline towards $200, as selling pressure may increase. Therefore, investors should closely monitor this level.

Market Outlook and Expectations

Looking at technical indicators, SOL is currently trading around moving averages and is following a sideways trend. A volume-based breakout could lead to a quicker upward movement. However, low-volume market movements might cause the price to consolidate around $240 for a longer period.

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The overall market sentiment will be key in determining Solana’s (SOL) direction. If major players like Bitcoin (BTC) and Ethereum (ETH) continue their upward movements, SOL is likely to follow suit. However, if the market turns bearish, Solana may experience a pullback to lower levels.

If the $257 resistance is broken, SOL may target the $286 range. However, if the $226 support is lost, the price could decline to $200. The general market trend will play a crucial role in determining SOL’s movement. Investors should carefully monitor volume and broader market trends.

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The post Is a Big Breakout Coming for Solana? Critical Levels Ahead! appeared first on Coin Engineer.