Bithumb Halts STRK Transactions to Support Starknet Upgrade
- Transaction Suspension Notice: Bithumb, a leading digital asset platform in South Korea, will suspend all STRK deposit and withdrawal services at 3:00 a.m. UTC on April 20 to ensure the smooth execution of the Starknet network mainnet upgrade; while trading pairs will remain active, users must plan transfers in advance to avoid inconvenience.
- Industry Standard Practice: This decision by Bithumb aligns with industry norms, similar to actions taken by major global exchanges like Binance and Coinbase, as suspending transactions protects user assets and prevents transaction errors due to consensus changes, demonstrating a commitment to user fund security.
- Starknet Upgrade Context: The core reason for this suspension is Starknet's scheduled mainnet upgrade aimed at enhancing Ethereum's performance and security, expected to include optimizations to the Cairo programming language, requiring all participating nodes to update their software to maintain network stability.
- User Action Guide: Users must complete any urgent deposits or withdrawals before the suspension and adjust any open orders reliant on incoming funds, while monitoring Bithumb's official announcements for updates on service resumption to ensure asset safety during the upgrade.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for STRK
Technical Sentiment Analysis for Starknet (STRK). As of , Starknet (STRK) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STRK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STRK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Starknet (STRK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0115 | 0.0218 | 0.0299 | 0.0402 | 0.0483 | 0.0586 | 0.0667 |
| Fibonacci | 0.0218 | 0.0288 | 0.0331 | 0.0402 | 0.0472 | 0.0515 | 0.0586 |
About STRK
About the author
