Bithumb was hacked yesterday and the news has been spreading in the major media for at least 14 hours now based on the article times[1].
price however has not shown any reaction to the news and on top of that in the past 14 hours we have had a rise. granted it was a small rise but still it reached $6841 a couple of hours from this news.
I do agree though that it is a good sign the market had no significant reaction to this hack. But I wonder if the Tether news canceled out any negative price movement since both news came out at relatively the same time, I believe.
As much as I truly hate to say this, I think it is still too early to call in the bottom. It does look like a triple bottom has formed, but we haven't had any real significant breaks above the down-trend line or past resistance levels really. I hope that this red market is over, but I personally don't think it is. we very likely will see the $4k - $5k price ranges.