Ethereum Foundation: Sells 10,000 ETH Again

The Ethereum Foundation just offloaded another 10,000 ETH—valued at roughly $23 million—to treasury giant BitMine, marking the second consecutive week of such moves, as reported by Decrypt. This pattern raises eyebrows in the crypto space, especially with Bitcoin (BTC) hovering in similar volatility zones, fueling discussions on ETH price prediction and potential crypto market crash signals amid broader macro pressures.

Zooming into the 4-hour ETH chart, price action clings to $2289 in a bearish structure where the EMA50 at $2298.47 caps upside like a stubborn lid, while the EMA200 at $2253.36 provides underlying support that bulls defend fiercely. Momentum sits neutral with RSI at 49.93, but the MACD's -3.79 reading flashes a bullish golden cross, hinting at building upside conviction—yet volatility squeezes inside the Bollinger Bands, with upper resistance at $2333.65 rejecting probes and lower support at $2229.87 looming as the next battleground. Confluence screams caution: if price fails to break that upper band, expect a swift retracement toward the EMA200 before any real rally materializes, mirroring patterns we've seen in the last six months of choppy crypto market flows.