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Ethereum Price Prediction: ETH Drops as Ethereum Foundation Cuts 20% of Staff Ethereum Price Drops as Market Pressure Builds Ethereum is back under pressure as $ETH trades near $1,660, falling by more

Ethereum Price Prediction: ETH Drops as Ethereum Foundation Cuts 20% of Staff

Ethereum Price Drops as Market Pressure Builds
Ethereum is back under pressure as $ETH trades near $1,660, falling by more than 5% in the last 24 hours. The move comes during a wider crypto market selloff, with Bitcoin, Solana, XRP, BNB and Dogecoin also trading in the red.

However, Ethereum now has an additional story weighing on sentiment: the Ethereum Foundation has reportedly cut around 20% of its workforce as part of a wider internal restructuring. For traders, this creates a difficult question. Is $ETH only falling because the entire market is weak, or is the Foundation’s shake-up adding extra pressure to Ethereum’s short-term outlook?

Ethereum Foundation Cuts 20% of Staff
The Ethereum Foundation has concluded a months-long reorganization process, cutting 54 staff members and moving into a new structure based around five major clusters. These include areas focused on the protocol layer, access layer, user layer, community layer and institutional layer.

The Foundation says the goal is to become leaner, more focused and better aligned with Ethereum’s long-term development priorities. In theory, that could be positive if it helps the organization execute faster and reduce internal complexity.

But markets rarely react calmly to staff cuts, especially when they happen during a major price correction. For $ETH holders, the concern is simple: if Ethereum is already struggling against competitors and weaker market sentiment, does a smaller Foundation make the roadmap stronger — or does it create more uncertainty?

Why This Matters for $ETH
Ethereum remains the largest smart contract blockchain, but its market position has been under pressure for months. Solana has gained attention for speed and user activity, Bitcoin continues to dominate institutional narratives, and newer chains are competing for liquidity, developers and users.

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$XRP) - Ecosystem Growth & Market Impact (2026) XRP ($XRP) continues to strengthen its position in the global payments and cross-border settlement sector. The XRP Ledger is increasingly used for fast 

$XRP) - Ecosystem Growth & Market Impact (2026) XRP ($XRP) continues to strengthen its position in the global payments and cross-border settlement sector. The XRP Ledger is increasingly used for fast and low-cost international transactions, with growing interest from financial institutions and payment providers. Ripple's ecosystem expansion focuses on improving liquidity solutions, blockchain-based remittances, and enterprise payment infrastructure. Ongoing regulatory clarity in key markets has also helped improve investor confidence in $XRP. The network's speed and efficiency keep it competitive in the digital payments space, especially for real-time settlement use cases. Sentiment: Bullish

Increasing adoption in payment corridors, stronger institutional interest, and improved regulatory clarity continue to support positive long-term sentiment for $XRP. The asset remains one of the leading blockchain-based payment solutions in the crypto

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Ric Edelman predicts CLARITY Act may unlock crypto floodgatesRic Edelman has predicted that up to 95% of institutions without crypto exposure could enter the market if the CLARITY Act becomes law.

In a recent interview, Edelman said the disconnect between crypto prices and industry activity has become increasingly noticeable as large financial firms continue expanding their blockchain and tokenization efforts.

While cryptocurrency markets have struggled to maintain momentum amid regulatory uncertainty, Edelman said major Wall Street institutions, including BlackRock, JPMorgan, Morgan Stanley, Franklin Templeton, State Street, Invesco, and Fidelity, continue building products and services tied to digital assets.

“Crypto prices are not reflecting what’s happening in the world of crypto,” Edelman said, pointing to rising institutional engagement even as investors remain cautious.

Institutional demand continues to build
Drawing attention to recent industry surveys and conversations with market participants, Edelman said many institutions that currently have no crypto exposure are preparing to enter the sector.

According to Edelman, 95% of institutions that do not currently own crypto expect to make their first allocation this year. He added that roughly three-quarters of institutions that already hold digital assets intend to increase their existing exposure.

Even with those expectations, capital has not yet entered the market at the scale many industry participants anticipated. Edelman attributed part of that hesitation to uncertainty surrounding U.S. crypto legislation, periodic Bitcoin ETF outflows, and continued political opposition from lawmakers such as Bernie Sanders and Elizabeth Warren.

Career risk also remains a factor, according to Edelman, who said many decision-makers at financial firms remain more concerned abou

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Technical Outlook: SOL Shows Signs of Stabilization, but Trend Remains Bearish Solana is attempting to build a base after its recent sell-off, with price consolidating around the $69–70 support zone. 

Technical Outlook: SOL Shows Signs of Stabilization, but Trend Remains Bearish

Solana is attempting to build a base after its recent sell-off, with price consolidating around the $69–70 support zone. While buyers have stepped in to defend this area, SOL remains below all major moving averages, keeping the broader trend bearish.




📈 EMA Structure (Bearish)

20 EMA: $71.60

50 EMA: $76.19

100 EMA: $83.04

200 EMA: $99.00

Price is trading below all four major EMAs.

The 20 EMA is acting as the first dynamic resistance.

The 50, 100, and 200 EMAs continue to confirm the prevailing downtrend.


👉 SOL needs to reclaim the $71.6–76.2 zone to shift short-term momentum in favor of the bulls.




📐 Fibonacci & Market Structure

Price remains well below the 0.236 Fibonacci level at $111.18, indicating the macro trend is still bearish.

Recent price action suggests a period of consolidation after the sharp decline.

Buyers continue defending the $69–70 demand zone, preventing another immediate breakdown.


A relief rally could target:

$70.40

$72.50

$76.20 (50 EMA)

$83.00 (100 EMA)


Failure to hold current support could lead to:

$67–68

$65 psychological support

Deeper downside if selling pressure accelerates.





🧠 ICT / Smart Money View

Sell-side liquidity has already been swept during the recent decline.

Several Fair Value Gaps (FVGs) remain above current price and could act as magnets if buyers gain momentum.

Market Structure Shift (MSS) remains bearish despite the recent stabilization.

Current price action appears to be accumulation within a broader downtrend rather than a confirmed reversal.





📉 RSI Momentum

RSI (14): 43.0

RSI has recovered from oversold conditions.

Momentum is improving but remains below the neutral 50 level.

This suggests recovery is underway, but bullish confirmation is still lacking.






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$BANANAS31 BREAKING BELOW KEY SUPPORT AS BEARISH MOMENTUM ACCELERATES 📉 Entry: 0.008788 🔥 Target: 0.008400 🚀 Target: 0.008050 🚀 Stop Loss: 0.009200 ⚠️ The structure for $BANANAS31 is currently showing a clear distribution pattern on the lower timeframes. With the price failing to reclaim the local mean, the current order flow suggests a continuation toward the liquidity pools identified below our entry. Momentum indicators are showing persistent weakness, confirming that the sellers remain in control of the tape. Given the current volatility, maintaining a strict stop loss is essential to preserve capital. Do you see this retesting the 0.0080 level before finding a floor? Not financial advice. Always manage your risk. #BANANAS31 #ShortSetup #MarketStructure #Crypto 🎯

$BANANAS31 BREAKING BELOW KEY SUPPORT AS BEARISH MOMENTUM ACCELERATES 📉 Entry: 0.008788 🔥 Target: 0.008400 🚀 Target: 0.008050 🚀 Stop Loss: 0.009200 ⚠️ The structure for $BANANAS31 is currently showing a clear distribution pattern on the lower timeframes. With the price failing to reclaim the local mean, the current order flow suggests a continuation toward the liquidity pools identified below our entry. Momentum indicators are showing persistent weakness, confirming that the sellers remain in control of the tape. Given the current volatility, maintaining a strict stop loss is essential to preserve capital. Do you see this retesting the 0.0080 level before finding a floor? Not financial advice. Always manage your risk. #BANANAS31 #ShortSetup #MarketStructure #Crypto 🎯

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