KelpDAO's liquid staking token faces a potential exploit draining over $100 million, according to onchain data flagged by Aggr News. This breach strikes at the heart of Ethereum's staking ecosystem, echoing recent crypto exploit news like those in liquid staking protocols over the past six months, where vulnerabilities in smart contracts led to massive losses and eroded trust in DeFi platforms.

Zooming into ETH's 4-hour chart, price action clings to a bullish structure with the token trading at $2354.41, well above the EMA200 support at $2183.44 that has held firm as a macro floor. Yet the MACD screams caution with a fresh death cross at 20.35, signaling weakening momentum even as RSI hovers neutral at 50.76—no overbought frenzy here, but enough hesitation to eye a dip toward the EMA50 at $2310.85. Price dances inside Bollinger Bands, testing the upper resistance at $2435.48 while lower support at $2297.72 looms as a volatility trap; if this KelpDAO chaos spills over, expect a swift retracement to that lower band before bulls regroup, especially with Bitcoin (BTC) trends influencing broader crypto market crash risks and ETH price prediction models.