๐Ÿšจ Forecast: Ethereum Falls After Bybit's $1.4B Hack ๐Ÿšจ

๐Ÿ’ฅ Bybit's $1.44B ETH breach sent Ethereum tumbling to $2,850! ๐Ÿ“‰

๐Ÿ’ฐ CEO Ben Zhou confirms bridge financing to meet soaring withdrawals.

๐Ÿ“Š ETH needs to break its range-bound trend, with RSI & MACD above neutral.

๐Ÿ”ป ETH Dips After Bybit Hack! ๐Ÿ”ป

๐Ÿ”ฅ Bybit revealed a massive hack, losing:

๐ŸŸฃ 401,347 ETH ($1.12B)

๐Ÿ”ต 90,376 stETH ($253.16M)

๐ŸŸข 15,000 cmETH ($44.13M)

๐ŸŸก 8,000 mETH ($23M)

๐Ÿ’ฅ Futures Liquidation Shakes Market ๐Ÿ’ฅ

๐Ÿ“‰ $136.35M ETH liquidated in 24H

๐Ÿ’” Longs: $66.35M | Shorts: $70M

๐Ÿ“ˆ Before the hack: ETH aimed for $2,900 as Open Interest (OI) surged 250K ETH to 8.90M ETH.

๐Ÿ“‰ After: OI plunged to 8.60M ETH ๐Ÿ˜จ

๐Ÿ’ก Many expected Bybit to buy ETH to cover losses, but Zhou clarified:

๐Ÿ›‘ "We're NOT buying Ethereum!" ๐Ÿšซ

๐Ÿ’ฐ "We've already secured 80% of the lost ETH via bridge loans for liquidity."

๐Ÿ”ฅ Will ETH recover, or is more turbulence ahead? ๐ŸŒช๏ธ #BybitHack #ETHCrash #CryptoNews ๐Ÿš€๐Ÿ’Ž