Interpretation of cryptocurrency market on OCT 8 2022

Review of the recent market, on the whole, to maintain the sideways trend. The current view still maintains the bearish view, but need to remind again the risk control.
The biggest event of this week was the hacking of the BNB chain. The hackers minted 2 million BNB on the BNB chain, worth nearly $600 million, setting a new record for the number of hacking attacks in the block-chain industry. Hackers converted this part of BNB into USDT and ETH. The overall loss is still huge, although some assets have been locked. 
This attack is different from the past. The hackers did not steal assets. Instead, they exploited an underlying code vulnerability and minted BNB out of thin air. Users did not suffer direct losses. However, it hit the BNB ecosystem drastically. All BNB users are victims as this part of the fake currency has been exchanged for the actual currency stored by the users in the BNB ecosystem. 
There is no doubt that it is bearish for BNB in the short term. But in this Black Swan event, BNB only fell by less than 6%, which shows that the entire Binance ecosystem (not only the ecosystem on the BNB chain) has been extensively recognized by the market. Probabilistically speaking, an exchange with such strength as Binance can minimize the negative impact of this incident. Therefore, there is no need to change the value of BNB for the time being, but it is necessary to pay attention to the subsequent trends.