Market is so vulnuerable. BTC shoing bottom signs, rest of the alts are not moving at all.

SPX was partnering today with Bybit to ruin the party

https://x.com/gauthamzzz/status/1893004663416594812?

Identified and infected every multi sig user?
Bro this sounds so unrealistic.
Something 🐠

There are discussions about rolling back ETH for this hack:
I hate any all this fraud going on everywhere but rolling back ETH would kill Ethereums value: it is the most decentralized chain after BTC with smart contracts. There is a reason why all major players like Blackrock and Paypal work on Ethereum.

If they roll it back for „a simple hack“, why wouldn‘t they roll it back for other instances as well fairly often?

I hope they won‘t do it. Because if they do, they just become another Solana, Sui, Tron… while being slow and expensive. This would really kill the market.

Market finally realizes that this was bullish for $ETH

Bybit hacker burned 42M$ worth of cmETH

What a fucking legend

If they do this, altseason is cancelled and it really is over.
I would for the first time ever turn bearish myself on eth.
A fork here is the most bearish thing that happened in the past months. A lot more bearish than the hack itself.
Even the vote is bearish af.

Decentralization > all.
Persecute the funds, don‘t breach decentralization (=trust).
If they fork, ETH is just an asset like any other fiat currency.
Damn I hate to turn into a BTC maxi

Friday 17th Jan - $TRUMP token liquidity drain.

Friday 24th Jan - Deepseek Dump

Friday 31 Jan - Trump Tariff , ETH liquidations.

Friday 14 Feb - $LIBRA launch.

Friday 21 Feb - BYBit Hack
….
Friday 1st of March - ETH Fork?

If ETH rallyes before Bybit bought back the vast majority of ETH, they will literally go bankrupt

I don't promote any of these coins - Stay away - but its good to make a some pocket money as they are very volatile

Bybit starts buying ETH. The suspected Bybit address (0x2E...1b77) received 100 million USDT from 0xEC...B5E76 10 hours ago, and transferred 50 million USD to the OTC addresses of Galaxy Digital and FalconX respectively 7 hours ago, purchasing a total of 36,900 ETH, and deposited it into Bybit 1 hour ago. — link

i think Buffet is correct. But I hope and assume we get one more blow off top

Someone is buying $ETH. I would bet $50 that I know who it is 😁

If we get strength in $SPX tomorrow, we should get a good green day.
Futures open will be interesting.
Currently, with 1.5% drop into the weekend, it looks more bearish though.
This is the most important factor currently if you ask me.