kelpdaorisk

🚨 $292 million gone in an instant — the Kelp DAO exploit is a stark reminder of DeFi's unforgiving landscape.
This matters because the aftermath will test the resilience of rsETH and the DeFi ecosystem as a whole, with #DeFiUnited, #rsETHToken, and #KelpDAORisk all under scrutiny.

📊 With the ETH price hovering at $1,780 and a bullish RSI of 66.9, smart money is watching the recovery plan, which involves ETH tranches, Aave liquidations, and governance approvals, as top traders remain net long (58.9%) according to futures market intelligence #ETHRecovery.

💡 The success of this plan will depend on the ability of DeFi United to navigate the complex web of on-chain metrics, including the current bearish MACD crossover, and to mitigate the damage done to investor confidence, all while keeping a close eye on the $1,780 level as a key catalyst #BSCDeFi.

❓ Can DeFi United's rsETH recovery plan restore faith in the DeFi space, or will this exploit mark a turning point in the market's perception of decentralized finance?