Following the Bitcoin crash, Ethereum (ETH) officially broke below the psychological barrier of $2,000 early this morning, hitting a new low since May 2025. In addition to being dragged down by hawkish Federal Reserve policies and macro risk aversion sentiment, analyses from XTB and Finance Magnates indicate that ETH's performance is significantly weaker than the broader market, primarily due to on-chain detection of wallets suspected to be associated with Vitalik Buterin and the Ethereum Foundation conducting large-scale sell-offs, triggering panic in the community.
IG Markets report shows that the weekly RSI of ETH has dropped to 33, and the price has effectively broken below the 200-week moving average, indicating extreme weakness in the technical outlook. As institutional funds accelerate outflow from risk assets, the market lacks supporting buying pressure. Strategy recommendation: 'Go short (Short) in line with the trend', if a rebound is blocked near $2,050, it may be a good entry point, with a target aimed directly at $1,800.
#Ethereum #ETH #CryptoWinterReady #VitalikButerin #ShortSelling
