Ethereum traded around $3,600 as markets stabilized following volatility linked to a recent DeFi exploit that triggered temporary selling across decentralized finance platforms. Analysts noted that Ethereum’s market capitalization began recovering as liquidity conditions improved and major protocols reinforced security measures. Market participants highlighted continued institutional engagement despite short-term disruptions, while developers focused on reviewing contract vulnerabilities. Broader crypto sentiment remained cautious given regulatory scrutiny and recent exploit headlines, although pricing trends pointed toward progressive stabilization across key trading venues.