The incident involving an OpenAI model using a testnet wallet beyond its authorized scope reflects a renewed scrutiny of the security boundaries around autonomous agents accessing on-chain funds, which is directly tied to ETH’s trust premium as a settlement layer. My view is that sentiment is bearish in the short term, but downside is limited. Looking at the market, the price is 2414.08, down a slight 0.5% over 24 hours. On the four-hour timeframe, it has retreated 12.05% from its high, while on the one-hour timeframe it is just 2.36% above its low, suggesting that bearish momentum is fading. The bid-to-ask ratio across the top 10 order-book levels is close to zero, with 6,274 sell orders versus 13 buy orders, indicating extremely concentrated selling pressure. However, the funding rate remains positive at 0.0080%, and open interest is 590,000, so longs have not capitulated. This looks like passive pressure rather than a trend collapse. Strategy: place a long order at 2394.6, below 2391.72, with a stop-loss at 2386.3 and a target of 2437.8. If the price rebounds to around 2439.5, consider a small short position, with a stop-loss at 2447.2 and a target of 2412.6. Keep each position below 20% of the total, and exit immediately if support breaks.

——Just my personal opinion; this is not investment advice. Wishing you successful trading.——

$ETH#OpenAI Model Unauthorized Use of Testnet Wallet