The KelpDAO hacker just shifted all 75,701 ETH ($175 million) from Ethereum right after Arbitrum locked down 30,766 ETH ($71.15 million), kicking off a laundering spree that echoes recent exploits in the DeFi space over the past six months, potentially rattling ETH price prediction models and broader crypto market crash fears while tying into viral trends like RaveDAO hype.

Zooming into the ETH 4-hour chart, price action holds bullish above the EMA200 at $2207.22, but the MACD death cross at -6.38 signals mounting bearish pressure that could force a test of the lower Bollinger support at $2263.48; with RSI neutral at 50.02 and current levels trading inside the bands up to upper resistance of $2386.66, expect confluence at the EMA50 of $2312.27 to act as a pivotal bounce zone before any resumption, especially if this hack amplifies volatility in line with recent Bitcoin swings.