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Key Takeaways
- ETH trades around $1,664, the trend is firmly in the bears’ camp, and the next big test is the June 5 low near $1,575.
- Even as price falls, active users are spiking, a clean break from the 2023 bear market, suggesting the network is being used heavily even if the market isn’t rewarding it.
- The Ethereum Foundation is cutting its budget by roughly 40%, a sobering move toward a leaner, longer-horizon era.
- A bearish chart and an austere Foundation on one side, a network that refuses to go quiet on the other.
Ethereum is caught between three conflicting realities right now, a bearish price trend, a major organizational shift at the Ethereum Foundation, and a surge in on-chain activity that won’t quit. Here’s what that tug-of-war actually means.
The Signal That Doesn’t Fit
Start with the strangest part, because it’s the one that breaks the usual rules. For most of 2023 through mid-2025, ETH’s price and its number of Read Entire Article
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