TrustlessState: Sells ETH Holdings in 2026

TrustlessState sold his ETH after the viral piece "Why I Sold My ETH," telling DecryptMedia the decision came as price action turned decisively lower in 2026. The move follows twelve months of consistent underperformance against Bitcoin and major altcoins, with institutional flows favoring other narratives. On the 4h chart ETH trades at $1971.32 inside a bearish structure defined by EMA50 at $2040.52 and EMA200 at $2162.74; the MACD death cross at -15.29 confirms trend strength remains negative while RSI at 33.17 shows no oversold relief yet. Price is already testing the lower Bollinger band support at $1976.11, so any bounce attempt will likely stall at the $2047.64 upper band before the next leg lower. Traders watching ETH price prediction models now price in further downside toward the 2025 lows rather than a swift recovery.