Ethereum Price Prediction: Bankless Founders Sold Their ETH — Here’s What the Chart Says Next

• ETH market cap dropped 11.6% in 15 days as bullish social sentiment collapsed toward parity
• Bankless co-founders sold remaining ETH holdings, reinforcing growing conviction loss among long-term holders
• Futures volume fell 31.23% to $32.69B while longs absorbed $50.87M in liquidations over 24 hours

Ethereum trades at $2,104 on May 25, holding barely above the channel’s lower trendline after a 12% pullback from early May highs, as negative sentiment, ETF outflows, and high-profile ETH sales pile pressure on a chart that has no clean floor below $2,078.

ETH Daily Chart: Channel Support Is All That Stands Between Here and $1,900

Price is pressing against the lower boundary of a rising channel that has contained Ethereum’s range since the February lows. All four EMAs are stacked above current price, with the 20 EMA at $2,181, the 50 EMA at $2,221, the 100 EMA at $2,297, and the 200 EMA at $2,528. The Supertrend indicator sits at $2,319, well overhead. Every short-term average is pointing down.

The channel’s lower trendline has held on a closing basis, but the May 23 wick to $2,078 showed how close ETH came to losing it entirely. A daily close below that level opens the March support cluster between $2,017 and $2,022 next, and failure there puts $1,908 back in play.

Key levels:

• Resistance: $2,181 (20 EMA), $2,221 (50 EMA), $2,319 (Supertrend)
• Support: $2,078 (channel low), $2,017 (March structure), $1,908 (March low)

ETH Hourly Chart: Downtrend Intact, MACD Trying to Turn

The hourly chart shows a clean descending trendline running from the May 11 high near $2,390 all the way to present price around $2,106. Every attempted recovery has been sold into, with the $2,160 zone acting as the most recent rejection point after liquidity was swept below $2,000 on May 23.

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The MACD on the hourly is showing early signs of a bullish cross, with the signal line at 0.35 and the MACD line at 0.77. That is worth watching but not enough to call a reversal while price remains inside the descending channel. A break and close above $2,160 would be the first real structural shift.

Why ETH Sentiment Turned This Negative This Fast

Analytics platform Santiment flagged that Ethereum’s social sentiment deteriorated sharply through May, with bullish-to-bearish commentary ratios collapsing toward parity as frustration replaced optimism. The firm pointed to poor price performance, ETF outflows, and leadership instability as narratives hitting simultaneously.

Bankless co-founders Ryan Sean Adams and David Hoffman confirmed they sold their remaining ETH positions, with Adams citing the end of Bankless’s first era. Despite Adams adding he remains personally bullish on ETH, Santiment noted the move reinforced a growing sense that longtime supporters were losing conviction. Several Ethereum Foundation researchers and contributors have also departed in recent weeks, adding to concerns about strategic direction.

ETH Derivatives: Longs Taking Heavy Losses, OI Barely Moving

Futures volume dropped 31.23% to $32.69B while open interest fell just 0.37% to $31.56B. Volume collapsing while OI stays flat means traders are reducing activity rather than building fresh positions in either direction. Long liquidations hit $50.87M over 24 hours against $10.57M for shorts, bears are clearly winning the futures battle right now.

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The long/short ratio on Binance sits at 2.453, meaning more accounts hold longs despite the downtrend, a setup that leaves plenty of fuel for further liquidation cascades if $2,078 breaks.

ETH Price Prediction for May 26

• Upside: Holding $2,078 on a closing basis and reclaiming $2,160 opens a move toward the 20 EMA at $2,181, then $2,221 where the 50 EMA sits.
• Downside: A daily close below $2,078 targets the March structure between $2,017 and $2,022 first, with $1,908 as the worst-case scenario if that zone fails.