$ETH Ethereum (ETH) falls 5% after Bybit hack of $1.5 billion: What’s next?

Bybit hack sees $1.46 billion in ETH stolen, causing a 4% drop in price and impacting key technical indicators.

Speculation grows about a possible buyback by Bybit to maintain user funds, which could trigger bullish buying pressure.

The RSI and DMI of Ethereum indicate a weakening of bullish momentum and an increase in selling pressure after the hack.