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Crypto Ethereum

Ethereum at Risk of Double-Digit Declines As Rekindled Trade War Fears and Tariff Threats Cause Market Correction

Ethereum (ETH) is hard-pressed following President Trump’s rekindled tariff threats against the European Union and Apple, which prompted a market correction, sending ETH 3% lower to roughly $2,540. Although robust buying demand from US spot Ether ETFs and whales has thus far halted a complete bearish breakdown, Ethereum faces severe double-digit losses if it drops below the pivotal $2,500 support level. The recent price retreat is a reflection of a volatility shock due to concerns over trade wars rather than an inversion in market structure. But missing to hold major technical supports would see ETH fall back into the $2,100–$2,260 area, cooling its recovery momentum. KEY LOOKOUTS • Ethereum needs to hold above the $2,500 mark to prevent triggering major selling pressure and possible double-digit losses. • Breaking above this range is critical for ETH to get back into its uptrend and re-establish bullish momentum. • Fresh trade war concerns may boost volatility and selling pressure and impact ETH’s near-term price action. • Ongoing firm buying from giant holders and US spot Ether ETFs can play a key role in support against further sell-offs. H Ethereum’s near-term price action depends on maintaining the key $2,500 support level, as a fall below this would instigate heavy selling and propel the price toward the $2,100–$2,260 territory. On the long side, breaking above the resistance area of $2,750–$2,850 is key in reviving bullish pressure. Market sentiment is still weak in the face of renewed threats of tariffs from President Trump, which have revived concerns about a trade war and increased volatility. Nonetheless, robust purchasing power from whales and consistent flows into US spot Ether ETFs could potentially buffer Ethereum from steeper falls in the near future. Ethereum needs to stay above $2,500 to prevent further losses, with resistance at $2,750-$2,850 available for a reversal. Fears of renewed trade wars are adding to market volatility but continued whale support and ETF inflows can be the savior. • Ethereum (ETH) price fell 3% after President Trump threatened tariffs against the EU and Apple. • The $2,500 mark is a key support; breaking below it can result in double-digit declines. • Resistance is at $2,750-$2,850, which ETH needs to break above in order to pick up where it left off with its uptrend. • Fears of a renewed trade war have fueled market volatility and bearish sentiment. • Recent sell-offs have not destroyed the overall bullish market structure yet. • Whale investors and US spot Ether ETFs are displaying strong buying interest, acting as support. • Short-term technical indicators such as the MACD and Stochastic Oscillator indicate rising bearish momentum. Ethereum’s price has suffered after a fresh round of trade tensions reignited by President Trump’s threat of new tariffs on the European Union and Apple. The news has left the market in doubt, with investors playing it safe and sparking a wider sell-off among cryptocurrencies. This aside, Ethereum has been insulated by robust institutional investor interest from players such as big holders and US-based Ether ETFs, which provide a degree of stability amidst the chaos. ETHEREUM DAILY PRICE CHART CHART SOURCE: TradingView Ethereum’s outlook today is largely contingent on the direction of global trade tensions over the next few days. The crypto market may come under added pressure if risk-reassessment by investors continues to be fueled by apprehension of rising tariffs. Yet, continued support from top-tier investors and growing usage of Ethereum’s network and associated financial products could help the asset survive this bout of uncertainty. In summary, Ethereum is still a major player in the digital asset universe, but outside economic forces will have an impact on its short-term path. TECHNICAL ANALYSIS Ethereum is testing all-important support levels at $2,500, which are an important line in the sand for avert further losses. The price has recently encountered resistance at the $2,750 to $2,850 area, where selling pressure has invariably grown as investor break-even levels. Momentum indicators are weakening, with bearish indications that argue that recent correction may continue. But having strong dynamic supports like the 50-period moving average and ascending trendlines may keep losses in check, provided buying interest from large holders continues. A clean break below these supports would probably set the stage for deeper losses, but an effective bounce could indicate the resumption of the larger uptrend. FORECAST Ethereum manages to maintain above the key $2,500 support and breaks over the $2,750 to $2,850 resistance zone, it would indicate a fresh bullish momentum. Solid institutional investor inflows and sustained demand from large Ether holders could power the price even higher, potentially moving ETH to former highs. A break over this level would pull in additional buyers, supporting the rebound and paving the way for additional advances in the near term. Conversely, a breakdown below the $2,500 support level would invite selling pressure, sending Ethereum into a more severe correction mode. This would see it fall towards the $2,100 to $2,260 levels, marking double-digit losses from the current prices. New fears of trade wars and heightened market volatility can aggravate the risks of further declines, especially once investor mood turns negative. In this case, technical supports and buyers’ interest would be challenged, with scope for more weakness until confidence comes back.

Crypto Ethereum

Ethereum Price Correction: Profit-Taking Causes Temporary Dip Amid Bullish Flag Setup

Following the powerful 30% upswing that occurred last week, Ethereum (ETH) investors are now taking profits, pocketing $1.5 billion and causing a temporary price drawdown from the recent high of $2,700 to approximately $2,530. In spite of rising selling pressure reflected in such key indicators as Age Consumed and Mean Coin Age, bullish sentiment is still supported by large inflows into accumulation addresses and staking protocols. ETH has major resistance levels of $2,750 and $2,850, where sustained breakout would authenticate a bullish flag pattern and the way to the $3,000 level. Technical indicators point to some diminishing momentum, however, and breaking below $2,100 could provide the window to further losses. KEY LOOKOUTS • Investors in Ethereum have made $1.5 billion worth of profits after last week’s 30% price rally, triggering short-term selling and a dip in price below $2,550. • In spite of the pullback, more than 640K ETH flowed into accumulation addresses and staking protocols, indicating continued bullish demand from long-term investors. • ETH will need to break and hold above $2,750 and $2,850 to verify a bullish flag pattern, which will drive the price towards the $3,000 psychological level. • RSI, Stochastic Oscillator, and MACD indicate declining bullish strength, prompting caution for a possible more profound correction if the support at $2,500 and $2,100 is broken. Ethereum (ETH) investors have started taking profits, cutting out $1.5 billion and inducing a short-term price correction from recent highs of about $2,700 to the levels of about $2,530. In spite of this selling pressure, bullish sentiment is still in place as more than 640K ETH went into accumulation addresses and staking protocols, which shows long-term interest continues unabated. ETH now has crucial resistance points at $2,750 and $2,850; a continued breakout above these could solidify a bullish flag pattern and propel prices to the $3,000 level. Yet, technical indicators like the RSI, Stochastic Oscillator, and MACD indicate declining momentum, implying a fall below important support levels around $2,500 and $2,100 would result in a more significant correction. Ethereum investors have taken $1.5 billion in gains following last week’s 30% gain, sending short-term falls into the region of $2,530. Firm inflows into accumulation addresses override selling pressure and reinforce bullish sentiment. Fundamental resistance at $2,750 and $2,850 will be pivotal for ETH to continue its advance towards $3,000. • The price of Ethereum retreated from $2,700 to approximately $2,530 as investors withdrew $1.5 billion of profits following a 30% climb during the previous week. • The selling pressure grew among all age groups, including long-term holders, as evidenced by an increase in ETH’s Age Consumed and drop in Mean Coin Age. • Not withstanding the sell-off, more than 640K ETH entered accumulation addresses and staking protocols, symbolizing continued bullish appetite. • Ethereum bulls hold up, averting a steeper price fall as more profit-taking is seen. • ETH has key resistance points at $2,750 and $2,850; breaking and holding above these may confirm a bullish flag formation. • A breakout would drive ETH prices above the $3,000 psychological level. • Technical metrics such as RSI, Stochastic Oscillator, and MACD indicate fading momentum, and a fall below $2,100 is likely to result in more downside risk. Ethereum investors recently took outsized profits after a solid rally, harvesting some $1.5 billion in gains. This profit-taking indicates increasing confidence among investors who rode the recent price surge. Meanwhile, most holders are still stacking and staking their Ethereum, indicating long-term optimism is strong despite some selling. ETHEREUM DAILY PRICE CHART CHART SOURCE: TradingView The market sentiment is overall cautiously optimistic as Ethereum approaches key levels that might define its next course of action. If the momentum is sustained, Ethereum may draw in additional buyers and possibly hit new highs. But investors are waiting closely on how the market develops in the next few days, weighing taking profits versus holding for additional appreciation. TECHNICAL ANALYSIS Ethereum is presently charting important resistance levels at $2,750 and $2,850, which will be pivotal in validating a possible bullish flag formation—a signal that will open the gates to further upside towards $3,000. But momentum indicators such as the RSI, Stochastic Oscillator, and MACD are indicating that the bullish strength is fading, prompting caution as price finds support near $2,500 and $2,100. Failure to maintain these levels of support would more likely result in a further correction, and a breakout through resistance above the level would most probably reinitiate upward momentum. FORECAST If Ethereum is able to break and hold above the critical resistance levels at $2,750 and $2,850, it might validate a bullish flag formation that could propel the price towards the $3,000 psychological barrier. Sustained investment into accumulation addresses and staking protocols reflect strong demand from long-term investors, which may help buttress further buying pressure. Healthy market sentiment and increased buying pressure may enable ETH to overcome recent selling and move towards new highs in the near term. Conversely, if selling pressure continues and Ethereum declines below the significant support level of $2,500 to $2,100, it may indicate a more profound correction phase. Technical momentum indicators suggest declining bullish strength, further heightening the threat of an even longer pullback. A fall below $2,100 may leave the gate open for ETH to probe lower support areas, possibly at $1,688, which would rattle investor confidence and extend the consolidation phase.

Crypto Ethereum

Ethereum In The Spotlight: ETF Outflows Surge More Than 60% As Price Suffers Near $1,580

Ethereum remains under intense pressure as its price treads around $1,580, bogged down by massive outflows from U.S. spot Ether ETFs, which have had their total net assets drop more than 60% since December. The sharp drop underscores increasing risk-off sentiment among institutional investors, particularly in the face of wider market uncertainty in the wake of Trump’s tariffs. Despite the bearish context, Tron’s founder Justin Sun has reasserted his long-term support of owning Ethereum, indicating faith in the network in the long term. In the meantime, whale activity and large ETH deposits by Galaxy Digital onto exchanges indicate warning is still in effect even as technicals indicate oversold conditions that could possibly indicate a reversal if significant resistance levels are regained. KEY LOOKOUTS • US spot Ether ETFs have recorded a whopping 60% decrease in total net assets, which reflects increasing institutional risk aversion and ongoing selling pressure on Ethereum. • Regardless of the downtrend in the market, Tron founder Justin Sun publicly assured that he will not sell his ETH holdings, which reflects continuous support and cooperation with Ethereum developers. • Galaxy Digital and other major holders have transferred considerable amounts of ETH to exchanges — a possible signal of additional sell-side liquidity on the horizon. • ETH’s Relative Strength Index (RSI) is on the verge of entering oversold levels, with the Stochastic Oscillator oversold since February — indicating potential for a technical bounce if market sentiment changes. Ethereum is under immense pressure as its price languishes at near $1,580, bogged down by a precipitous 60% decline in aggregate net assets among U.S. spot Ether ETFs — an unmistakable indicator of dwindling institutional confidence. Though big investors such as Justin Sun have put the market at ease by assuring that they will not sell their ETH stakes, whale movements give a nervous outlook as Galaxy Digital has deposited more than $79 million in ETH into exchanges in recent days. On the technical side, metrics like the RSI and Stochastic Oscillator indicate Ethereum is approaching strongly oversold levels, suggesting the potential for a reversal if sentiment and ETF outflows stabilize. Ethereum is under selling pressure as ETF outflows exceed 60%, pulling prices close to $1,580. Although the price declined, Justin Sun assured that he will not sell his ETH position, which reflects long-term faith. Technical charts now suggest chances of oversold levels, hoping for a probable recovery. • Ethereum price lingers at $1,580 during ongoing market downtrend and intense selling pressure. •  ETH ETF aggregate net assets have dropped more than 60% since December, showing aggressive institutional redemptions. •   Justin Sun calms investors, affirming no intent to sell ETH amid poor price action and market volatility. •  Galaxy Digital transferred more than $79 million in ETH to exchanges in the last five days, indicating possible sell-side pressure. •  Trump’s tariffs have intensified fear in the markets, which is partly responsible for the $909 million net exit from ETH ETFs. •  Technical chartists such as RSI and Stochastic Oscillator indicate ETH is oversold, which poses the risk of a reversal of price. •  A breach above the resistance level of $2,000 could turn Ethereum bullish, but a breakdown can lead to deeper capitulation. Ethereum remains in the limelight of market focus as U.S. spot Ether ETFs experience a steep fall in total net assets, declining more than 60% from their December peaks. The steep outflows indicate changing investor sentiment and increasing wariness in the crypto space, particularly in the wake of broader economic policy shifts such as Trump’s tariffs. Even in the tough environment, industry heavyweights continue to express their long-term confidence in Ethereum’s ecosystem. ETHEREUM DAILY PRICE CHART CHART SOURCE: TradingView Especially noteworthy is Tron founder Justin Sun’s public assurance that his company has no intention of selling its ETH holdings, even while the wider market readjusts to recent turbulence. Sun reaffirmed ongoing cooperation with Ethereum developers, affirming the perception that Ethereum’s foundational technology and developer base remain robust in spite of short-term market challenges. In the background, big crypto companies such as Galaxy Digital have been busily transferring ETH between platforms, underlining continued strategic maneuvers by institutions. TECHNICAL ANALYSIS Ethereum has been stuck in a consistent downtrend since mid-December, trading inside a falling channel for more than four straight months — its longest such sequence since inception. Leading indicators are sending warning signs of impending selloff exhaustion, with the Relative Strength Index (RSI) approaching the oversold region and the Stochastic Oscillator being oversold since late February. In addition, the Moving Average Convergence Divergence (MACD) indicates diminishing bearish momentum, and two back-to-back receding histogram bars suggest selling pressure may lose speed. A clean breakout above the upper channel boundary and retaking the $2,000 level could turn Ethereum into a bullish position, while losing support may lead to more downside and further capitulation. FORECAST In spite of Ethereum’s long downtrend, technical indicators are now starting to indicate a potential change in momentum. The Relative Strength Index (RSI) is nearing oversold levels, which tends to indicate that a price bounce may be imminent if buying pressure resumes. If Ethereum can break above its falling channel and successfully retake the psychological $2,000 resistance level, it may initiate a trend reversal and pave the way for a bullish bounce. Also, any positive news regarding ETF staking approvals or relief on macroeconomic pressures would reinforce investor sentiment and support upward momentum. Conversely, Ethereum is still at risk of further declines if the existing negative momentum continues. ETF outflows, already reducing total net assets by more than 60%, reflect deep institutional wariness, and this may bear down further on prices if outflows continue. A breakdown below the channel’s support line would most probably increase selling pressure, propelling ETH to new local lows and causing further capitulation among retail and institutional investors alike. Whale activity, such as Galaxy Digital’s big ETH transfers to the exchanges, is also an early sign that further downside risk still hangs over.

Crypto Ethereum

Ethereum Price Flirts with Collapse as Whale Dump Creates Bearish Pressure at Pivotal $1,500 Support

The price of Ethereum has fallen back to approximately $1,540 after eliminating most of its tariff pause gains, as whale action and general market uncertainty create renewed selling pressure. Whales have dumped huge sums of ETH within the last 24 hours, taking whale balances to a five-month low and creating bearish sentiment. With bulls and bears in an impasse on the all-important $1,500 support zone, technical indications are that a risk of continued downside unless broad buying interest surges is emerging. The next few days shall prove critical to Ethereum, where a breach through this support opens up a gate to a broader correction into the $1,100 region. KEY LOOKOUTS • Ethereum is trading precariously near the $1,500 support level; a breach could lead to a steep fall to the $1,100 zone, visiting levels from the 2022 crypto crashes. • Large Ethereum whales have been unloading significant holdings, pushing their combined balance to a five-month low — an open invitation of risk aversion among large investors. • RSI, Stochastic, and MACD all point to growing bearish pressure, calling for additional declines unless bulls retake control above the downtrending channel. • Persistent global economic issues and the Trump administration’s tariff policy remain a drag on investor sentiment, constraining Ethereum’s potential to recover. The recent price behavior of Ethereum underscores several key factors investors need to monitor closely. The $1,500 level of support is under intense pressure, and a breakdown below it might initiate a more significant correction towards the $1,100 zone — which has traditionally been a very solid support zone. On-chain information indicates a sharp decline in whale holdings, indicating large-scale profit-taking and increased risk aversion among large investors. Technical indicators such as RSI, Stochastic, and MACD are signaling bearish momentum, which supports the possibility of further downside. Meanwhile, increased macroeconomic uncertainty, driven by persistent tariff talks and risk-off sentiment, keeps Ethereum’s potential for recovery dampened. Ethereum is finding it hard to maintain the important $1,500 level of support in the face of whale sell-offs and bearish technical indications influencing price action. A breach here may instigate a further correction towards the $1,100 levels. Macro uncertainty and losing bullish momentum put the market under tension. •  Ethereum wiped out recent gains and is currently trading at approximately $1,540, weighed down by whale-led sell-offs. •  Whale wallets have dropped their ETH holdings to a five-month low, indicating a shift in bearish sentiment. •   One major whale sold 10,702 ETH at $1,576 after remaining inactive for two years, contributing to the selling pressure. •  Ethereum is probing its crucial $1,500 support area — a determinative range for short-term direction. •  Technicals such as RSI, Stochastic, and MACD indicate building bearish momentum. •  A breakdown below $1,522–$1,500 would push ETH downwards towards the $1,100 area, a historical support area. •  Continued macro uncertainty and tariff-related risks still constrain Ethereum’s recovery and encourage market caution. Ethereum is once more under pressure with the shift of market sentiment with recent global developments. Following an initial optimism sparked by the recent halt of U.S. tariffs, faith started to dissipate, particularly when some of the largest Ethereum holders — the so-called whales — started selling a huge amount of ETH. Their unexpected selling behavior has sparked fears of the market’s stability since it tends to be an indicator of a shift in investor mentality. The crypto world now waits with bated breath to see how the market responds to these actions, particularly as uncertainty regarding international trade policy persists. ETHEREUM DAILY PRICE CHART CHART SOURCE: TradingView Meanwhile, Ethereum’s position as a top blockchain platform is not weakened by short-term investor responses. The network still draws developers, companies, and consumers who believe in its future role in fueling decentralized apps, NFTs, and DeFi. While the market can fluctuate with outside news and investor sentiment, Ethereum’s position in future digital finance is still considered very relevant. TECHNICAL ANALYSIS Ethereum is demonstrating increased weakening as it labors to maintain above pivotal levels of support. Recent price moves indicate bearish strength in increasing, with oscillators such as the Relative Strength Index (RSI) showing oversold signs, and the Moving Average Convergence Divergence (MACD) showing signs of ongoing decline. The price is moving in a decreasing channel currently and, unless the bulls can breach the upper barrier, there will always be chances of it plummeting further. Traders closely observe the area around $1,500 because maintaining this point could initiate short-term recovery but breaking below would pave the way for more serious losses. FORECAST If Ethereum is able to stay above the key $1,500 support level, then there is high likelihood of short-term recovery. A rebound from this area would drive ETH towards the $1,680 to $1,800 region that has served as resistance over the past few months. Optimism may also re-emerge if macroeconomic trends stabilize or new buying interest from retail and institutional investors increases. A breakout at $1,800 would be a bullish sign for buyers, and it could trigger a new bullish trend. On the flip side, not holding the $1,500 support level might push Ethereum deeper into a correction. If pressure to sell intensifies, the next significant price area to observe is between $1,100 and $1,000 — a level that stood strong amidst the steep plunges of 2022. Ongoing whale distribution, unfavorable global news, or poor investor sentiment might push this further downward, leaving Ethereum stuck in a bearish pattern until fresh drivers come along.

Crypto Ethereum

Ethereum Price Comes Under Pressure in Light of Pectra Upgrade Slippages and Bear Market Mood

Ethereum’s price has been pressured of late, falling to some $2,150 with the Market Value to Realized Value (MVRV) metric below 1, reflecting a pull back to the undervalued territory. This slide follows setbacks for the Pectra upgrade on Holesky and Sepolia testnets that pushed back the mainnet upgrade. The issues are being worked on by the developers, but if ETH doesn’t bounce above $2,200, then it has chances of falling lower to $1,500. Institutional investors, in spite of the bearishness, have been buying ETH, which reflects a chance for a bounce as soon as the upgrade issues are addressed. KEY LOOKOUTS • Pectra upgrade issues on Holesky and Sepolia testnets, yet to be fixed, could slow down Ethereum mainnet upgrade and influence market mood. • Ethereum’s MVRV dipped below 1, indicating ETH is getting closer to its mean cost basis and potentially the lower end of the recovery zone. • Should Ethereum not take out $2,200, however, it then risks plummeting further to stronger support levels down at $1,500 that could trigger increased bearish sentiment. • Institutions are continuing to accumulate more ETH, signaling ongoing faith in the long-term price of Ethereum amidst short-term weak prices. Ethereum is also experiencing major challenges, mainly caused by delays in the Pectra upgrade on the Holesky and Sepolia testnets, which are important for the mainnet update. This has been responsible for bearish sentiment in the market, as seen in the decline of Ethereum’s Market Value to Realized Value (MVRV) ratio to below 1, indicating that the price is getting close to the average cost basis of investors. If Ethereum is not able to re-take the $2,200 resistance zone, it may be at risk of sliding further towards the crucial support level of $1,500. While the price is weak now, institutional investors are aggressively buying ETH in this downturn, hinting that they have faith in its long-term prospects and signaling a potential reversal once the issues with the upgrade are solved. Ethereum is facing delays in the Pectra upgrade, leading to a price drop towards the $2,150 level. If it does not recover above $2,200, ETH can fall to $1,500, although institutional accumulation indicates long-term growth potential. • Pectra upgrade problems on Holesky and Sepolia testnets have led to delays in Ethereum’s mainnet upgrade, which has impacted market sentiment. • Ethereum’s Market Value to Realized Value (MVRV) ratio fell below 1, which indicates that the price is close to the investors’ average buying cost, which might be a buy signal. • Ethereum has dropped to $2,150 and is at risk of more declines if it doesn’t break the resistance of $2,200. • Ethereum might go down further if it can’t bounce back above $2,200 and might go down further towards the next strong support level of $1,500. • In spite of recent price declines, institutional investors have seen a substantial rise in ETH accumulation, indicating faith in Ethereum’s long-term prospects. • The Relative Strength Index (RSI) and Stochastic Oscillator are indicating bearish momentum, which indicates a further downtrend unless a significant reversal takes place. • A daily candlestick close above $2,850 would negate the bearish scenario, indicating the possibility of a near-term price recovery. Ethereum is presently encountering issues as a result of delay in the Pectra upgrade, which has caused a hold-up in developing its mainnet. The upgrade, which offers considerable enhancements such as account abstraction and improved staking features, has faced technical difficulties during the test runs on the Holesky and Sepolia testnets. These have caused a bearish sentiment to arise in the market, where the price of Ethereum has suffered. Notwithstanding the hiccups, developers are in the process of fixing the problems and moving towards the successful rollout of the upgrade, which may make Ethereum more functional and scalable. ETHEREUM DAILY PRICE CHART CHART SOURCE: TradingView Meanwhile, institutional investors have maintained interest in Ethereum, stockpiling additional tokens in spite of the price swings. This implies that there remains faith in Ethereum’s long-term worth, with these large investors believing that it has the ability to grow once the upgrade problems are solved. Although the market will likely stay wary in the short term, Ethereum’s continuous development and institutional investor support growth indicate that it might recover eventually and solidify its place within the cryptocurrency environment. TECHNICAL ANALYSIS Ethereum is under the influence of a bear trend currently, as the price finds it difficult to cross the resistance point of $2,200. The MVRV ratio going below 1 indicates that Ethereum is drawing closer to investors’ average cost basis, a region that generally is a point of accumulation. Yet, major technical gauges such as the Relative Strength Index (RSI) and the Stochastic Oscillator are indicating ongoing bearish momentum, which indicates that a further drop towards the $1,500 support level is imminent if the price cannot regain bullish momentum. A daily close above $2,850 would negate the prevailing bearish view and could indicate a reversal. FORECAST Despite the current difficulties, there is hope for a reversal if Ethereum is able to break the resistance at $2,200. Institutional investors have been busy buying up ETH, expressing faith in its long-term outlook. Once the Pectra upgrade is effectively implemented, it could introduce new functionality and improvements to the network, fueling optimism. If Ethereum is able to breach the $2,200 level, then the next potential target would be the $2,850 level, which would negate the prevailing bearish perspective and indicate a possible price bounce. The price of Ethereum is under strong downward pressure as it is unable to breach the $2,200 resistance level. The ongoing setbacks in the Pectra upgrade, coupled with negative market sentiment, have contributed to Ethereum’s MVRV ratio falling below 1, indicating that the asset is underpriced. If Ethereum doesn’t bounce above $2,200, it could continue plummeting to the next significant support level of around $1,500, causing further selling. The Stochastic Oscillator and RSI are also indicating persistent bearish momentum, which implies that the risk of the downside is still dominant in the

Crypto Ethereum

Ethereum Price Runs into Heavy Resistance as $1.8 Billion Shorts Stop Bull Run

Ethereum price action has been on a rollercoaster ride, shooting 15% up to $2,550 following Trump adding ETH to the US Crypto Strategic Reserve, only to drop 16% to $2,100 as speculators scrambled to take profits. Short sellers have taken over despite bullish sentiments from the Ethereum Foundation’s leadership change, using $1.8 billion in leverage to reinforce bearish control. While ETH falters under critical resistance of $2,400 and technicals reflect weak buying pressure, the market is in suspense. A move above $2,489 would rekindle bullish pressure, but until that happens, ETH has a bruising battle against the bears. KEY LOOKOUTS • With $1.8 billion in shorts, sellers have established robust resistance at $2,400, keeping Ethereum from resuming bullish pressure. • The hiring of Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors may impact long-term market sentiment and project development. • Short-term speculators aggressively booked profits following Trump’s crypto announcement, causing a steep sell-off that halted ETH’s bullish rally at $2,550. • A breakout above the Keltner Channel midline at $2,489 may change momentum, indicating fresh bullish activity with a target towards $2,912. The price action of Ethereum has been highly volatile in recent times, plummeting sharply by 16% to $2,100 after a short 15% rise to $2,550 on the heels of Trump’s approval of ETH in the U.S. Crypto Strategic Reserve. Though the leadership reorganization at the Ethereum Foundation fueled hopes, short-term traders quickly took profits, leaving bearish momentum to reign supreme. With $1.8 billion worth of short positions creating a robust resistance at $2,400, ETH is stuck in a consolidation phase. If the buying pressure cannot recapture the midline resistance level of $2,489, Ethereum may see further losses, testing lower support levels of $2,066. Ethereum’s price experienced a steep 16% decline to $2,100 after it briefly surged to $2,550 after Trump’s endorsement and the Ethereum Foundation’s leadership change. With $1.8 billion in short positions providing stiff resistance at $2,400, bearish control continues to pressure the market. A breakout above $2,489 would indicate a possible rebound, but until then, ETH is susceptible to further losses. • Ethereum jumped 15% to $2,550 before dropping 16% to $2,100 as short-term speculators took profits. • ETH was included in the U.S. Crypto Strategic Reserve, improving sentiment before profit-taking led to a sell-off. • Hsiao-Wei Wang and Tomasz Stańczak being appointed as co-executive directors may impact long-term growth. • Bears accumulated 55% dominance, building solid resistance at $2,400 and curbing bullish momentum. • ETH lingers below the midline of the Keltner Channel, confining potential for an instant rebound. • In the event of continued selling pressure, Ethereum may test the lower limit of major support levels. • Breaking above $2,489 may initiate a rally towards $2,912, while further losses are possible under bear pressure. The market outlook for Ethereum is currently influenced by major events beyond price action. Ex-U.S. President Donald Trump’s declaration of a Crypto Strategic Reserve has put Ethereum in the limelight together with Bitcoin and other prominent digital currencies. The step is an indicator of increasing political acceptability of digital currencies, which could ultimately lead to increased adoption. Further, the leadership change at the Ethereum Foundation, with Hsiao-Wei Wang and Tomasz Stańczak becoming co-executive directors, has thrown open discussions regarding the network’s future. Their governance is to introduce new ideas to Ethereum development, solving past issues and guiding the network toward long-term development. ETHEREUM Daily Price Chart Chart Source: TradingView In addition to changes in governance, Ethereum remains at the forefront of the blockchain universe, driving decentralized applications (dApps), smart contracts, and DeFi and NFT innovation. As regulatory talks surrounding crypto continue to unfold, Ethereum’s participation in government-sponsored projects would enhance its legitimacy and place within mainstream finance. Yet, market sentiment is still divided as investors wait for more information on how these developments will influence Ethereum’s long-term future. With fresh leadership and greater institutional investment, Ethereum is at a pivotal crossroads that could determine its place in the decentralized technology of the future. TECHNICAL ANALYSIS Ethereum technicals show consolidation with high resistance around the $2,400 mark owing to heavy short interest. The Accumulation/Distribution (A/D) line depicts diminishing buying sentiment, indicating the possibility of outflows. The Keltner Channel (KC) midline at $2,489 represents a major area of resistance, and a long-term move through this point could signal a restart of bullish vigor. In case of sustained downtrend pressure, $2,066 is an important area of support. Having 55% superiority in short positions, bear sentiment is still predominant, and hence it is extremely important for the bulls to recover the key resistance levels to alter market momentum. FORECAST Ethereum may breach the $2,400 resistance mark, paving the way for a possible rally to $2,489. An extended move over this level will reflect renewed bull sentiment, and ETH can go for the $2,912 mark in future sessions. Positive market catalysts, including additional institutional adoption or positive regulatory advancements, may solidify an upward trend. Also, if the Ethereum Foundation’s leadership overhaul instills confidence in investors, it might support a long-term bull trend. Conversely, if selling remains persistent, Ethereum might find itself unable to sustain existing support levels. A drop below $2,100 can trigger a retest of the $2,066 support level, with lower losses possibly exposing ETH to deeper corrections. With $1.8 billion worth of short positions, bears already have a big advantage, pushing ETH into a period of consolidation. Unless market sentiment turns bullish and capital inflows resume, Ethereum could experience extended price stagnation or lower plunges before trying to rebound.

Crypto Ethereum

Ethereum Price Forecast: Pectra Upgrade Gives Hope as ETH Tests Critical Resistance at $2,817

The Ethereum Pectra upgrade, which will be deployed to testnet on February 24 and March 5, has given hope to investors as ETH tests the pivotal $2,817 resistance. The upgrade comes with significant upgrades, such as converting wallets into smart accounts, improving validator experience, and opening up data availability. Whereas Ethereum’s rise in gas limit has resulted in cheaper transaction prices, total volume of transactions remains low owing to general market trends. Options data, however, shows a transformation from bearishness to guardedly optimistic mood, with a growing likelihood that ETH will reach $4,000 by June. Technical factors such as RSI, Stochastic, and MACD present mild bullish sentiments, but any fall below $2,200 would nullify the trend. KEY LOOKOUTS • February 24 and March 5 testnet launch may propel sentiment and shape ETH’s price direction over the next few weeks. • ETH’s consistent rejection at this level positions it as an important breakout point that may establish short-term bullish or bearish momentum. • Growing optimism in Ethereum options data points towards a bullish trend with a growing probability of ETH reaching $4,000 by June. • RSI, Stochastic, and MACD indicate weak bullish momentum; yet, a decline below $2,200 will negate the bullish scenario. The next Pectra upgrade, which is scheduled for testnet deployment on February 24 and March 5, is one of the important events that are likely to significantly influence Ethereum’s price action. With ETH testing the important $2,817 resistance level once again, market participants are monitoring closely for a possible breakout that can change the market sentiment into a bullish trajectory. Options market statistics show increasing optimism, with a higher likelihood of ETH attaining $4,000 by June. Technical indicators RSI, Stochastic, and MACD show low bullish momentum, but any fall below $2,200 could negate this thesis, making it important that traders closely observe price action. Ethereum’s Pectra upgrade, scheduled for testnet release on February 24 and March 5, is fueling investor hopes as ETH retests the $2,817 resistance. Options data indicate an increasing likelihood of ETH reaching $4,000 by June, while technical indicators point to moderate bullish momentum. But a fall below $2,200 would render this trend null. • Ethereum’s Pectra upgrade will go live on the Holesky and Sepolia testnets on February 24 and March 5, with a possible mainnet launch around April 8. • The upgrade consists of wallet metamorphosis to smart accounts, validator UX enhancements, and increased data availability, making Ethereum more efficient. • Validators raised Ethereum’s gas limit from 30M to 36M, resulting in reduced transaction costs, but transaction volume is still below previous highs. • ETH has consistently tried and failed to overcome this resistance, and thus it is an important level that can decide the short-term price direction. • Statistics indicate growing optimism among investors, with an increased likelihood of ETH reaching $4,000 by June, higher than the previous estimates. • RSI, Stochastic, and MACD indicate modest bullish momentum, with ETH struggling to hold gains above the significant resistance level. • A fall below $2,200 would reverse the uptrend, so it is a very important support to monitor over the next few weeks. Ethereum’s eagerly awaited Pectra update, which goes live on testnets Holesky and Sepolia on February 24 and March 5, is making waves in the crypto world. The update brings smart accounts, validator experience improvements, and increased data availability to Ethereum, which makes it more scalable and efficient. Consequently, the sentiment of the investors is slowly changing, and ETH is again testing the key $2,817 resistance mark, a fundamental price level which has long remained a solid boundary. Even though the gas charges have been lately cut, trade volumes are lower than anticipated and are probably based on overall market conditions and macroeconomic variables. Yet, a successful testnet launch of Pectra would reinforce investor confidence, which could lead to a bullish breakout in the next few months. ETHEREUM Daily Price Chart TradingView Prepared by ELLYANA Market sentiment in the crypto options market shows a conservative but increasing optimism, with the likelihood of ETH reaching $4,000 by June. RSI, Stochastic, and MACD hint at mild bullish momentum, signaling a potential uptrend if ETH can break above the $2,817 resistance. However, traders must stay cautious, as a drop below $2,200 could invalidate the bullish scenario, leading to further downside pressure. With the testnet launch on the horizon, Ethereum investors need to pay close attention to market responses since the Pectra upgrade has the potential to be a strong catalyst for ETH price action in the short term. TECHNICAL ANALYSIS Ethereum technical analysis shows modest bullish pressure, with important indicators touting a possible upward breakout. The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) have both bounced off their respective moving averages, which implies mounting buying pressure. The Moving Average Convergence Divergence (MACD) is also probing its red moving average line, as histogram bars move above the neutrality level, pointing to a likely turn towards bullish trend. ETH is now probing the $2,817 resistance level, which has been strong in the past. A breach above this level may validate the bullish momentum and propel ETH toward higher resistance levels. But if ETH is unable to hold above this critical point and breaks down below $2,200, then the bullish case may be proved wrong, opening the way for additional selling pressure. The technical indicators must be closely watched by traders for verification of the next trend direction. FORECAST Ethereum’s Pectra upgrade and recovering investor mood might propel ETH into higher price territory, with the possible breakout over $2,817 being the most significant trigger. In the event ETH manages to close over this resistance, it may accelerate and look towards $3,000–$3,200 in the near term. Additionally, option market sentiment indicates a growing possibility of reaching $4,000 for ETH by June, which shows growing confidence among investors. Technical analysts like RSI, Stochastic, and MACD also favor this view, indicating a possible continuation of the bullish trend if ETH continues its ascent. Moreover, reduced gas fees and

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Ethereum Price Recovery: Can ETH Rebound After a $1.2 Billion Loss?

Ethereum (ETH) experienced a severe drop, with its value declining by more than 30% between Friday and Monday, and investors suffered losses of over $1.2 billion. The crash was initiated by market-wide sell-offs that followed U.S. President Donald Trump’s imposition of tariffs on Mexico, Canada, and China, which caused massive liquidations in the crypto market. Despite the bearish sentiment, Ethereum is showing signs of recovery, with whales buying the dip and the price rebounding near a historically strong demand zone between $2,200 and $2,600. Technical indicators, including the RSI and Stochastic Oscillator, suggest growing buying pressure, increasing the likelihood of ETH reclaiming the $2,817 key support level and potentially aiming for the $3,000 psychological mark. KEY LOOKOUTS • Ethereum is looking to recover the $2,817 support level after bouncing off $2,110, and increasing buying pressure may push the price towards $3,000. • Big investors are buying the dip as a whale wallet bought more than 50,000 ETH, which shows confidence in the long-term recovery of Ethereum. • U.S. trade policies, especially Trump’s tariffs on Mexico, Canada, and China, caused market-wide losses that influenced the recent volatility and price swings of ETH. • RSI and Stochastic Oscillator are rebounding from oversold levels, which means that buying interest is increasing, thereby raising the probability of ETH to hold support in the range of $2,200-$2,600. Ethereum’s recent price crash, caused by the general market volatility because of U.S. tariffs on Mexico, Canada, and China, resulted in over $1.2 billion in investor losses. There are recovery signs, however, as whales start to accumulate ETH. There’s a whale wallet, which has bought over 50,000 ETH, indicating it is long-term confidence. The RSI and Stochastic Oscillator technical indicators are showing buying pressure is increasing and should help ETH recover from the $2,817 support level. If the momentum keeps on, Ethereum may target the psychological mark of $3,000. Demand in the area of $2,200-$2,600 can become a strong support point. Ethereum seems to be making a recovery after a sharp decline, with whales accumulating ETH and technical indicators suggesting rising buying pressure. If momentum holds, ETH could reclaim the $2,817 support level and aim for $3,000, with strong demand between $2,200 and $2,600 stabilizing the price. • Ethereum declined over 30% between Friday and Monday, as investors realized $1.2 billion in losses due to market-wide sell-offs. • The price crash is being cited as the U.S. President Donald Trump’s tariffs on Mexico, Canada, and China that increase liquidation across the crypto market. • Big investors are buying the dip, including one whale wallet buying over 50,000 ETH in a sign of confidence in Ethereum long-term recovery. • ETH found fantastic support between $2,200 and $2,600: That is historically high-demand zone where more than 50% of the ETH in circulation was bought. • RSI and Stochastic Oscillator recovering from oversold levels suggest increasing buying pressure and a possible price rebound. • If momentum holds, ETH could reclaim the $2,817 key support level and aim for the $3,000 psychological mark. • Despite short-term stagnation concerns, resolution of Mexico’s tariff situation and whale accumulation could drive ETH’s recovery in the coming weeks. Ethereum has just endured a heavy correction as it falls more than 30% within days, meaning investor losses topped $1.2 billion in a few short days. Its sell-off stemmed from the implementation of new U.S. President Donald Trump’s tariffs on Mexico, Canada, and China to protect America’s borders and potentially kick-start the world trade war. It witnessed liquidations as massive as more than $620 million in ETH futures positions are being erased. Despite the bearish mood, Ethereum had strong support at $2,200 and $2,600, a historically high-demand zone where most of the circulating ETH was bought beforehand. A whale wallet also purchased more than 50,000 ETH after the crash, which shows confidence in a rebound in the market. ETHEREUM Daily Chart TradingView Prepared by ELLYANA RSI and Stochastic Oscillator, both are recovering from oversold levels, indicating rising buying pressure. Ethereum is currently looking to retake the key support $2,817 level and if momentum continues, the cryptocurrency may be able to break toward psychological resistance at $3,000. On-chain analysis supports that further upside potential within this recovery also as whale accumulation stabilizes the market. Short-term consolidation remains plausible; nonetheless, since Mexican President Claudia Sheinbaum and Trump have resolved tariffs, investor confidence may return. If positive momentum sustains, Ethereum may soon regain its strength, setting the stage for a broader market recovery. TECHNICAL ANALYSIS Ethereum’s technical analysis suggests a potential recovery, with key indicators signaling increasing buying pressure. The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) have rebounded from oversold levels, indicating a shift in market momentum. ETH has tested a historically strong demand zone between $2,200 and $2,600, where over 50% of its circulating supply had been built up earlier. In the event that Ethereum reclaimed the support at $2,817, it may reverse bullish and push prices to $3,000 psychological resistance. Besides the breakdown of H&S pattern below the recent dip confirms it. A prolonged bounce from the current support levels would invalidate further downside risks. Chain data also supports whale accumulation for the recovery to be smooth in the next coming sessions. FORECAST Ethereum are reporting stronger buying pressure ahead in the Ethereum’s price recovery. Therefore, if ETH successfully breaches the key support $2,817 and sets the stage for a bullish breakout to $3,000; this will be a critical psychological resistance. In fact, whale accumulation as seen in recent on-chain data further support this case of recovery. The resolution of the tariff issue in Mexico could also positively affect the overall market sentiment, making more institutional and retail investors re-enter the market. If the trading volume increases and ETH maintains stability above $2,800, it may lead to a steady uptrend, with the next resistance levels at $3,200 and $3,500 in the medium term. Ethereum still faces short-term risks that may lead to further price fluctuations despite the bullish signs. If ETH is unable to take back

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Ethereum Price Prediction: ETH Seeks $4,300 as Community Unites for Danny Ryan

Ethereum (ETH) is showing bullish momentum, targeting a potential rally to $4,300 if it breaks the falling wedge resistance. The price has surged to $3,240, gaining 3% amid strong community support for Danny Ryan to lead the Ethereum Foundation. Over 51,000 ETH worth more than $162 million signaled for Ryan via an informal vote that is related to concerns of the leadership within the foundation. In contrast, Ethereum ETFs reported a net outflow of $4.70 million. The technical outlook for ETH points out that to maintain its current trend, the asset needs to breach several crucial resistance levels including $3,550, $3,770, and $4,100. A break down below this may take it to $3,000. KEY LOOKOUTS • ETH must break the falling wedge resistance and hold above $3,550, $3,770, and $4,100 to confirm a rally toward $4,300. • Over 51,000 ETH, worth $162 million, has signaled support for Danny Ryan to lead the Ethereum Foundation, influencing market sentiment. • Ethereum ETFs saw a net outflow of $4.70 million, which could affect investor confidence and short-term price movements. • RSI and Stochastic Oscillator are reaching neutral levels; a breakout above these could signal stronger bullish momentum for Ethereum’s price rally. Ethereum is at a critical juncture, with its price eyeing a breakout toward $4,300 if it overcomes the falling wedge resistance and key levels at $3,550, $3,770, and $4,100. The strong support for Danny Ryan on leading the Ethereum Foundation from over 51,000 ETH to the tune of $162 million has definitely fired the ethical bullish into the market. But a new sour note came in that Ethereum ETF recorded a net flow out worth $4.70 million, which concerned investor confidence. Technically, RSI and Stochastic Oscillator are approaching neutral marks, and any decisive move above them would further build bullish strength in ETH. Ethereum eyes a breakout to $4,300 if it clears the key resistance levels and is backed by strong community support for Danny Ryan. ETF outflows and technical resistance, however, might impact its momentum. A successful breakout above the falling wedge might fuel a strong bullish rally. • ETH is aiming for a breakout to $4,300 if it can clear the falling wedge resistance and the key levels at $3,550, $3,770, and $4,100. • More than 51,000 ETH, valued at $162 million, has been voted in support of Ryan as the head of the Ethereum Foundation, which has positively impacted investor sentiment. • A net outflow of $4.70 million from Ethereum ETFs raises questions about institutional investor confidence and market volatility. • If ETH breaks resistance, it could see a strong uptrend; otherwise, it might drop back to the psychological level of $3,000. • ETH futures registered $34.26 million in liquidations in 24 hours, which further indicates increased volatility and shifts in trader positioning. • The RSI and Stochastic Oscillator are approaching the neutral levels; a breakout above them could confirm stronger bullish momentum. • Ethereum co-founder Vitalik Buterin defended the current leadership, hailing Aya Miyaguchi and EF researchers despite calls for change. Ethereum is targeting a breakout to $4,300 if it can break above key resistance levels at $3,550, $3,770, and $4,100. Price has recently moved up to $3,240, gaining 3% while closing in on the upper boundary of a falling wedge pattern. A breakout from this pattern may propel a strong rally, and bullish momentum may intensify if these resistance levels turn into support. Nevertheless, breaking down the resistance may send ETH back to the psychological level of around $3,000. The next several trading sessions are critical to figuring out which direction Ethereum is headed in the short term.  ETHEREUM Daily Chart TradingView Prepared by ELLYANA The Ethereum community has rallied behind Danny Ryan to head the Ethereum Foundation, as more than 51,000 ETH, amounting to about $162 million, have been signaled in his favor. This is against the backdrop of criticism over the leadership structure of the foundation and demands for the resignation of executive director Aya Miyaguchi. However, Ethereum co-founder Vitalik Buterin has come out in defense of Aya’s leadership, praising her role in Ethereum’s growth. Meanwhile, Ethereum ETFs recorded a net outflow of $4.70 million, which could affect investor confidence and introduce short-term volatility in the market.  TECHNICAL ANALYSIS The technical analysis of Ethereum shows a possible breakout from a falling wedge pattern, which is a bullish formation that indicates an upward move if resistance is broken. The key resistance levels to watch are $3,550, $3,770, and $4,100, which ETH must clear to confirm a rally toward $4,300. The Relative Strength Index is testing its neutral zone, and a move above it could strengthen bullish momentum. The Stochastic Oscillator is also close to its signal line, suggesting an upward price. Should it fail to break resistance, the Ethereum price may drop towards the support level of $3,200 and possibly down to $3,000 in case the selling pressure gets higher. Traders should look at volume spikes and candlestick formations to confirm the direction of the Ethereum’s next move.  FORECAST Ethereum’s price currently shows bullish momentum, breaking for a breakout at $4,300 if the falling wedge resistance is cleared. A successful breakout above key levels at $3,550, $3,770, and $4,100 will have a good basis for a rally, taking ETH to its desired target. Moreover, positive sentiments in the market have been induced by the support for Danny Ryan as the head of the Ethereum Foundation, having over $162 million in ETH backing him. If the positive momentum lingers on and technical indicators such as RSI and Stochastic Oscillator remain above their center lines, then Ethereum might experience rising buying pressure with prolonged upward movement in the following weeks. On the downside, there are still some threats to Ethereum. ETF outflows of $4.70 million mean that some institutional investors have drawn back; otherwise, this could reduce bullish strength. Moreover, if ETH is unable to breach the falling wedge resistance, then it could potentially retrace toward the $3,200 support level and then possibly even hit $3,000 if

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Ethereum Faces Leadership Challenges: Lido Co-founder Proposes Second Foundation

A new wave of criticism toward the leadership of the Ethereum Foundation has resulted in the co-founder of Lido, Konstantin Lomashuk, proposing a “Second Foundation” to settle community concerns. Therefore, some key issues are leadership change calls, centralization fears, and dissatisfaction with the road map holding a roll-up-centric position. Meanwhile, the price of Ethereum is poised for a 20% rally if it can break through the important resistance levels at $3,550 and $3,770, with support firmly held at $3,216. More buzz comes in as Donald Trump’s World Liberty Financial has staked 10,000 ETH, putting it in the top 0.1% stETH holders, marking growing interest in Ethereum’s staking ecosystem. KEY LOOKOUTS • Lido’s co-founder suggests a spin-off organization to address Ethereum community concerns, focusing on leadership changes, decentralization, and roadmap adjustments for improved scalability. • Ethereum’s price could surge 20% if it overcomes critical resistance levels near $3,550 and $3,770, backed by strong support at $3,216. • Donald Trump’s World Liberty Financial has entered the top 0.1% stETH holders by staking 10,000 ETH, signaling growing confidence in Ethereum’s staking protocol. • While the Second Foundation proposal gains traction, some members question its necessity, urging a balance between existing Ethereum Foundation goals and broader ecosystem representation. The Ethereum ecosystem is at a critical juncture, with growing calls for leadership changes within the Ethereum Foundation prompting Lido co-founder Konstantin Lomashuk to propose a “Second Foundation” to address decentralization and roadmap concerns. While this initiative is meant to promote wider community representation, it has elicited mixed reactions, with some questioning its necessity. Meanwhile, Ethereum’s price is promising, trading near $3,260 with a potential 20% rally if key resistance levels at $3,550 and $3,770 are breached. Adding to the momentum, Donald Trump’s World Liberty Financial recently staked 10,000 ETH, putting it in the top 0.1% stETH holders and showing growing confidence in Ethereum’s staking ecosystem. Ethereum is criticized by leadership as Lido’s co-founder suggests a “Second Foundation” to counter decentralization concerns. Meanwhile, ETH has the potential for a 20% rally, trading near $3,260 with staking interest growing as World Liberty Financial stakes 10,000 ETH. • The Ethereum Foundation is criticized for leadership issues and centralization, but also for their roll-up-orientated roadmap for scaling • Lido co-founder Konstantin Lomashuk proposes the need for a “Second Foundation” for better representation within the ecosystem as well as higher decentralization. • Ethereum Co-founder supports growing more organizations as representatives of portions of Ethereum the Foundation cannot fulfill. • Such a proposal led to a healthy debate, seeing it as an Ethereum bull’s call, as well as criticizing its necessity. • Ethereum may jump 20% if it breaks above the key resistance at $3,550 and $3,770, with strong support at $3,216. • Donald Trump’s World Liberty Financial staked 10,000 ETH, making it one of the top 0.1% stETH holders, which boosted confidence in Ethereum staking. • RSI and Stochastic Oscillator indicate mixed momentum, with bearish pressure still dominating but room for a potential breakout. Meanwhile, a heated community debate is centered on the fate of Ethereum with rising criticism now toward the leadership within the Ethereum Foundation. Concerns over centralization, selling activity, and a roll-up-centric scaling roadmap prompted calls for significant changes, including the resignation of Executive Director Aya Miyaguchi. In response to the debate, Lido co-founder Konstantin Lomashuk suggested a “Second Foundation” as a solution to fill these gaps and improve ecosystem representation. The co-founder of Ethereum, Vitalik Buterin, also chimed in and suggested that the Ethereum Foundation should focus on areas where it can be effective while fostering other organizations to represent the broader aspects of the blockchain network. Such a proposal is receiving mixed reactions; some welcome this step forward, while others question the necessity. ETHEREUM Daily Price Chart. Source: TradingView Prepared By ELLYANA Meanwhile, the price of Ethereum has shown some promise and traded near $3,260, with the potential to rally 20% if it breaks key resistance levels at $3,550 and $3,770. Strong support at $3,216 has held firm, and a breakout above the descending trendline could propel ETH toward the $4,100 level. Adding to the momentum, Donald Trump’s World Liberty Financial has recently staked 10,000 ETH, making it one of the top 0.1% stETH holders, highlighting growing confidence in Ethereum’s staking protocol. However, bearish pressure remains slightly dominant, as indicated by technical metrics like the Relative Strength Index (RSI) and Stochastic Oscillator, leaving the market in a critical state of anticipation. TECHNICAL ANALYSIS This brings in a technical point of view on the technicals in Ethereum, trading at about $3,260. It finds its major support at $3,216, while 100-day and 50-day SMAs work out to be strong immediate supports and resistances around $3,200–$3,550. If ETH can break past the trend line formed since 16th Dec, then one might see it take off into a 20% move. In that scenario, ETH can head to resistance at $4,100. However, relative strength index sits slightly below a neutral position still showing bear pressure, and stochastics’ oscillator is relatively above the zero line, neutral, but giving mixed momentum. Below the daily low of $2,817 cancels the Bullish thesis hence $3,000 psychological buy level to start collecting liquidity while reversing. FORECAST There is a good possibility of an upward move if Ethereum can break above the descending trendline resistance around $3,550. A daily close above this level may open the way for a rally to $3,770 and then to $4,100, driven by increased market confidence and technical momentum. The support at $3,216 is a critical foundation for a bullish breakout, as it has held against bearish pressures consistently. Positive market sentiment, combined with ongoing staking interest, such as the recent 10,000 ETH stake by Donald Trump’s World Liberty Financial, adds to the potential for upward movement. A sustained rally may attract more investors, increasing buying pressure and driving prices toward new local highs. On the downside, Ethereum is at risk if it cannot hold above the $3,216 support level, with the next key level of interest at $3,000. A