Ansem Urges Ethereum Shorts at $2.3K as DeFi Exploits Fuel $1,000 Crash Warning

Trader Ansem has escalated bearish calls on Ethereum, recommending shorts around $2,300 after DeFi breaches like the $293M Kelp hack sparked $6-8.5B Aave withdrawals and a $13.2B DeFi TVL plunge. ETH hovers near $2,304 in a downtrend, eyeing $1,300 next and sub-$1,000 by year-end unless it clears $2,377 invalidation or $2,700-$2,800 resistance. This follows earlier warnings of weak fundamentals and Solana rivalry eroding ETH's bull case, signaling heightened downside risk and volatility.