The Balancer exploiter, tied to the November 2025 hack that drained over $125 million from Balancer V2 and forked projects, just swapped 21,000 ETH worth $48.72 million for 617.43 BTC at an exchange rate of 0.0294 over the past three days. With only 1,000 ETH ($2.32 million) remaining, the wallet signals more sales ahead, echoing recent on-chain movements where the hacker reactivated after five months and began ETH to BTC swaps, fueling speculation on ETH price prediction amid broader crypto market crash risks and Bitcoin hype.

Zooming into the ETH 4-hour chart, price action clings to a bearish structure as it tests the EMA50 resistance at $2323.84, just above the current $2316.43 mark, while the EMA200 at $2237.9 looms as deeper support if sellers dominate. MACD's death cross at -6.51 screams bearish momentum, but neutral RSI at 46.25 hints at no immediate oversold panic; meanwhile, volatility squeezes inside Bollinger Bands, with upper resistance at $2355.65 capping upside and lower support at $2292.3 offering a potential floor—confluence here points to a sharp retrace toward that EMA200 before any rebound, especially if BTC hype drags alts lower.