Funds continue bleeding out of Aave, with a staggering $151 billion exodus over just 3.5 days, slashing total deposits from $485 billion pre-incident to $307 billion now—that's a third of the capital vanished in a flash. This DeFi lending outflow mirrors broader crypto market volatility, reminiscent of last summer's liquidity crunches when similar rsETH-linked shocks rattled platforms. Meanwhile, Morpho took a hit too, deposits dipping from $117 billion before the rsETH event to $102 billion, draining $15 billion. Spark's SparkLend TVL also suffered from the rsETH fallout, underscoring how interconnected these protocols are in the face of ETH price prediction uncertainties and Bitcoin's recent hype cycles.

On the technical front, ETH trades at $2356.85 in a clear bullish structure, hugging the EMA50 at $2313.73 as immediate support while the EMA200 at $2212.38 anchors longer-term floors—classic confluence for macro bulls eyeing continuation. Momentum holds neutral with RSI at 57.71, but the MACD's golden cross at -2.62 signals building upside conviction, even as price probes the upper Bollinger band resistance near $2360.59; expect a tactical pullback to that lower band support at $2271.22 to shake out weak hands before resuming the grind higher, especially if Bitcoin's hype sustains the broader rally.