Echo Protocol: $76M Exploit Hits Bitcoin DeFi | Flash News Detail | Blockchain.News
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5/19/2026 11:13:00 AM

Echo Protocol: $76M Exploit Hits Bitcoin DeFi

Echo Protocol: $76M Exploit Hits Bitcoin DeFi

Echo Protocol hit by $76M Monad exploit with BTC at $77000.31 showing bearish EMA structure and neutral RSI on 4h chart.

Source

Analysis

Echo Protocol suffered a $76M exploit tied to Monad, striking the Bitcoin DeFi sector on May 19, 2026.

BTC price action now sits at $77000.31 inside Bollinger Bands with upper resistance at $78935.89 and lower support at $76284.77.

Price tests upper Bollinger resistance at $78935.89 while RSI at 39.13 flashes neutral momentum and MACD registers a bullish golden cross at -707.26, pointing to a healthy retracement toward the EMA50 support at $78727.65 before any continuation. Traders watch this confluence closely for BTC price prediction signals amid lingering volatility from recent exploits.


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