Aethir Confirms Attack on Bridge Contracts
- Attack Confirmation: Aethir confirmed an attack on its bridge contracts, promptly disconnecting the compromised contracts and collaborating with major exchanges to limit losses to under $90,000, demonstrating its rapid response capability to security incidents.
- Loss Assessment: Blockchain analytics platform PeckShield estimated the exploit's losses at $400,000, with the attacker bridging stolen funds from the BNB Chain to Tron, highlighting the increasing security risks in the decentralized finance sector.
- Compensation Plan Announcement: Aethir stated that its main ATH supply on Ethereum remains unaffected and plans to release a full compensation plan next week, along with a list of attacker wallets, aiming to restore user trust and maintain platform reputation.
- Operational Continuity: Despite the attack, Aethir asserted that the platform remains fully operational and is working with authorities and exchanges to trace the attackers, showcasing its determination and capability in crisis management.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 3 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETH 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, ETH 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 $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1897.677 | 2027.493 | 2155.867 | 2285.683 | 2414.057 | 2543.873 | 2672.247 |
| Fibonacci | 2027.493 | 2126.122 | 2187.055 | 2285.683 | 2384.312 | 2445.245 | 2543.873 |
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