TrustlessState: Sells ETH on Bearish Thesis

TrustlessState sold his ETH and detailed the full thesis in a new DecryptMedia interview released May 29 2026.

Price action shows a bearish trend with ETH trading below both EMA50 at $2072.7 and EMA200 at $2186.29; the MACD golden cross at -20.64 hints at fading downside momentum while RSI at 45.66 stays neutral inside the Bollinger band between $1960.51 support and $2107.56 resistance, pointing to a probable test of the 50-EMA before any sustained recovery. ETH price prediction models now factor this confluence heavily as traders weigh re-entry levels against broader Bitcoin flows.