Aethir Successfully Contains ATH Bridge Attack
- Rapid Containment: Aethir quickly disconnected affected contracts upon detecting a malicious attack on its ATH bridge contracts, successfully limiting user losses to below $90,000, thereby protecting the main ATH supply on Ethereum and preventing wider network disruption.
- Loss Estimate Discrepancy: While PeckShield initially estimated losses at around $400,000, Aethir's latest figures indicate user losses were under $90,000, raising further scrutiny on fund tracing and the final accounting of the incident.
- Partner Support: Aethir credited several exchanges, including Binance, Upbit, Bithumb, and HTX, for their swift actions in blacklisting wallets tied to the incident, which helped limit the scope of losses and support ongoing investigations.
- Compensation Plan Coming Soon: Aethir announced it will share a full compensation plan next week and is collaborating with authorities and exchanges to trace the attacker, ensuring transparency and maintaining user trust.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 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 | 1899.835 | 2028.573 | 2158.025 | 2286.763 | 2416.215 | 2544.953 | 2674.405 |
| Fibonacci | 2028.573 | 2127.201 | 2188.134 | 2286.763 | 2385.391 | 2446.324 | 2544.953 |
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