Ethereum traded near $2,100 on May 26, according to crypto.news price data.\u00a0<\/strong><\/p>\n \n Summary<\/span>\n <\/p>\n <\/p>\n Meanwhile, the token was down 0.12% over 24 hours and 1.7% over seven days. Its 24-hour trading volume stood at $9.72 billion, while market capitalization reached $253.25 billion.<\/p>\n The same data showed Ethereum moving between $2,080 and $2,140 during the day. That kept ETH close to the wider $2,000 to $2,100 support zone that traders have watched since the latest pullback.<\/p>\n <\/p>\n Short-term indicators still show weak momentum. The Awesome Oscillator was negative at -153.30, meaning sellers still control the current trend. The Chaikin Money Flow was also slightly negative at -0.04, pointing to mild capital outflow rather than strong accumulation.<\/p>\n Volume stood near 46.84K on the chart, which looked moderate compared with earlier selloff spikes. That means the move lower has not yet shown clear panic selling. A recovery above $2,300 to $2,400 would improve the setup, while a loss of $2,000 would raise downside pressure.<\/p>\n Ethereum co-founder Vitalik Buterin also became part of the market discussion after Ali Martinez posted a price analysis titled \u201cI\u2019m NOT selling Ethereum!\u201d The post linked the price setup to Buterin\u2019s comments about the Ethereum Foundation\u2019s future role.<\/p>\n As previously reported<\/a> by crypto.news, Buterin said the Ethereum Foundation will prioritize long-term survival over wider activity. He also said the foundation will sell less ETH as it narrows its work around privacy, security, openness, and core protocol goals.<\/p>\n Buterin said the foundation holds about 0.16% of the total ETH supply. He also described the Ethereum Foundation as one part of the wider Ethereum system, not the center of the network.<\/p>\n The message matters because Ethereum traders have watched foundation treasury moves closely throughout May. The foundation had withdrawn 21,270 ETH from Lido staking and sold 10,000 ETH to BitMine on May 1 at an average price of $2,292.<\/p>\n Ali Martinez said Ethereum has failed to reclaim the mid-range of a multi-year structure, which also aligned with the 200-week Simple Moving Average. In that view, the most important level is $1,850.<\/p>\n The analyst warned that a weekly close below $1,850 could open the way toward $1,560, followed by a deeper move near $1,070. Those levels were framed as potential accumulation zones, not as a reason to chase short positions.<\/p>\n Ali also linked $1,850 to the 0.8 MVRV pricing band. The analyst said Ethereum has not usually stayed below that band for long in past cycles. Based on that view, weakness below $1,850 could create a staged dollar-cost averaging setup.<\/p>\n The planned tiers included 20% allocation at $1,850, 20% at $1,560, 20% at $1,230, 30% at $1,080, and 10% at $830. The bullish invalidation levels were also clear: Ethereum would need to reclaim the 200-week SMA near $2,500, then break above the 50-week SMA around $3,100.<\/p>\n As reported by crypto.news, Ethereum also faced<\/a> resistance near $2,400 earlier this month. That report said sell walls around $2,400 kept upside limited, while $2,200 remained a key downside area at the time.<\/p>\n\n
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Vitalik Buterin denies selling Ethereum<\/strong><\/h2>\n
Analysts watch $1,850 support and $2,400 resistance<\/strong><\/h2>\n
Low volatility leaves ETH waiting for direction<\/strong><\/h2>\n
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