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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InThe Ethereum Foundation has concluded a structured selling cycle involving 5,000 ETH units as part of its regular treasury management. Despite the removal of this sell-side pressure, Ether's price remains anchored near $2,200, though its technical structure is beginning to shift. Market data shows that Ethereum is now forming higher lows, while persistent resistance continues to limit the upside, keeping the price within a tightening technical range. This consolidation suggests a potential volatility squeeze as the market stabilizes following recent geopolitical uncertainty. While the foundation's selling overhang has cleared, investors maintain a wait-and-see approach within this narrowing corridor. Analysts believe a breakout from this tightening range will be necessary to define the next major trend for ETH/USD.