Ethereum Security Risk: $62 Million Lost Due to User Errors
- User Habit Risks: In December 2025 and January 2026, two victims lost a total of $62 million due to copying incorrect addresses, with one losing $50 million in December and another losing $12.25 million in January, highlighting severe security vulnerabilities stemming from basic wallet usage habits.
- Address Poisoning Attacks: Attackers exploit user behavior by monitoring transactions and creating fake addresses that resemble real ones, leading users to send funds to scammers without verification, thus exposing the fragility of Ethereum's network security.
- Surge in Phishing Attacks: In January 2026, signature-based phishing attacks resulted in losses of $6.27 million across 4,741 victims, marking a 207% increase from December, indicating the growing complexity and prevalence of scams targeting everyday trading habits.
- Security Recommendations: Security firms advise users to avoid copying addresses from transaction history, manually verify full wallet strings, and utilize saved contacts for frequent transfers to mitigate significant losses caused by basic operational mistakes.
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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 3 technical signals, shows that 0 indicators are flashing buy, while 3 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 stock.
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 | 731.423 | 1239.611 | 1698.263 | 2206.451 | 2665.103 | 3173.291 | 3631.943 |
| Fibonacci | 1239.611 | 1608.944 | 1837.118 | 2206.451 | 2575.784 | 2803.958 | 3173.291 |
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