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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
According to reports, ETH price has pulled back toward the $2,100 range after facing repeated rejections at the $2,400 resistance level. During the first months of 2026, six core researchers left the Ethereum Foundation, raising concerns regarding organizational stability. Despite these departures, data shows that the total value locked in the network's staking contract surpassed 39 million ETH in May 2026.
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Sign InThe price retreat occurs amid a divergence between technical price action and structural network growth, with staking levels hitting record highs despite selling pressure. Compared to peers, Ethereum's performance remains under scrutiny following Citi's forecast of outperformance against Bitcoin, while market data suggests that continued staking inflows may provide long-term network support despite the loss of key personnel, per market data.
Traders are currently monitoring ETH stability at the $2,100 level (close May 20, 2026) as a critical support zone to prevent further downside. In the coming days, market participants are looking toward the economic calendar for upcoming Federal Reserve official speeches, which will likely dictate risk appetite across digital asset markets and ETF inflows.