Ethereum Foundation: 20% Workforce Cut

Ethereum Foundation cuts 20% of its workforce in a leaner reorganization.

Price action on the 4h chart shows ETH at $1660.89 locked in a bearish trend below the EMA50 at $1719.9 and EMA200 at $1856.91, with MACD death cross at -14.16 confirming downside momentum while RSI at 34.67 stays neutral and price tests the lower Bollinger band support near $1658.97. This leaner structure at the Ethereum Foundation may shift ETH price prediction flows and heighten crypto market crash sensitivity over the next sessions.