Monad Exploit Gets Contained Fast

Welcome back to The Warmup.

The market entering its boredom arc again.

“Excellent, now continue sideways price action on the crypto market for the next 12 months”

Here’s what we’re watching:

• Market Snapshot

• Monad Exploit Gets Contained Fast

• BTC Swing Long

• Markets Bounce Before Nvidia

Market: Risk assets are pushing higher as crypto and equities stay green, while falling volatility and a weaker dollar continue supporting bullish momentum.

Monad Exploit Gets Contained Fast

What’s going on:

Echo Protocol just had a scary moment on Monad.

An attacker compromised an admin key, gave themselves control over the eBTC contract, and minted 1,000 eBTC worth about $76M.

Sounds brutal.

But the real loss was much smaller: around $816K.

Why? Because most of the attacker’s fake eBTC never got converted.

Monad’s DeFi liquidity was too thin to absorb a dump that size, which bought Echo enough time to regain control and burn the remaining tokens.

The Monad chain itself was not affected.

What it means:

This could’ve been a disaster.

Instead, it became another reminder that DeFi still has a very obvious weak spot: admin keys.

• No timelock

• No minting cap

• No extra checks

This time, the team moved fast enough.

Next time, someone else might not.

BTC Swing Long

What’s going on:

BTC is testing a key support zone after the recent pullback.

The setup is based on a 4H RSI bullish divergence while the broader uptrend structure still holds.

Key levels we’re watching:

• Entry: Around $77K

• DCA zones: $75K and $74.5K

• Targets: $78.5K and $79K

• Invalidation: Below $73.5K

Directional Bias: Cautiously bullish

Bulls are still defending structure, but volatility remains high.

What we’re waiting for:

• Strong bounce from support

• Volume confirmation

• RSI divergence to play out

Markets Bounce Before Nvidia

What’s going on:

Yesterday, markets looked cooked.

Rates were ripping, oil was climbing, and everyone suddenly remembered macro can still punch risk assets in the face.

Then overnight, the mood flipped.

Oil finally cooled, stock futures turned green, and crypto caught a bid. BTC is back above $77K, ETH is holding $2.1K, and SOL is near $84.

HYPE is still the standout, up 26% this week as Hyperliquid momentum keeps stacking.

What it means:

This bounce is nice, but Nvidia earnings are the main event.

A strong print could give markets another reason to stay risk-on.

A weak one could turn this overnight pump into just another fakeout.

• Hyperliquid ETFs draw $22.3M in early inflows

• Catena Labs lands $30M Series A

• MoneyGram named 'anchor remittance validator' for Stripe-backed Tempo blockchain

Crypto may look quiet on the surface, but underneath it feels more alive than ever. Prediction markets, tokenized stocks, privacy coins, NFTs, and onchain apps are all evolving at the same time.

And unlike previous bear markets, there are still real opportunities, narratives, and products gaining traction even while prices struggle.

All roads eventually lead back to blockchain technology because the world keeps moving toward tokenization, digital ownership, and onchain finance.

That’s why many long-term crypto builders still believe the biggest opportunities may not have arrived yet.

— The Warmup Team

Always do your own research. This newsletter is supplemental material to help educate readers as they make their own decisions. Projects mentioned here are provided to give a potential early-mover advantage.