![[LIVE] Ethereum Price Developments, October 22: Live News and Price Updates as ETH Price Crashes to $3800](https://cryptoabc.net/wp-content/uploads/2025/10/eth.svg.svg+xml){kind=small}
In a candid Twitter post, Vitalik Buterin remarks on the Ethereum Foundation’s future direction with a structural reset that could change ETH’s long-term dynamics. This has brought the Ethereum price prediction into bullish territory.
Buterin published a lengthy personal statement outlining his vision for a leaner, more principled Ethereum Foundation, explicitly acknowledging that his own influence within the organization will continue to diminish, a transition he “personally welcomes.”
Crucially, the post signals reduced selling pressure from the Foundation going forward as operational streamlining takes hold. Vitalik framed the EF’s evolution through a sharp analogy, saying that Google once carried idealistic founding principles before commercial pressures eroded them.
Buterin’s message was blunt, and Ethereum must not repeat that mistake.
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Ethereum Price Prediction: Can ETH Break Downtrend as Foundation Selling Pressure Eases?
ETH is still in the $2,100 handle this week, a weekly support after a brutal downtrend from $2,500. The stable daily candle this week came with visible accumulation signals that show slow positioning.
Currently, we are seeing an inverse head-and-shoulders pattern on the daily chart, with the neckline sitting near $2,150. If ETH breaks decisively above it, this pattern projects a measured target of around $2,600.
For ETH, it needs to at least hold above $2,150 on a weekly close. If the pattern confirms, momentum could carry it toward $2,400 first, then back above $2,500.
But the most likely scenario would likely see a Consolidation between $2,100-$2,200 through mid-year as macro conditions remain mixed, with $2,400 target acting as near-term resistance.
ETH’s ETF dynamics have added another layer to the structural demand picture, with institutional flows increasingly cited as a non-trivial price driver heading into the second half of 2025.
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Bitcoin Hyper Offers Early Mover Upside as ETH Stuck in $2,000 range
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Research Bitcoin Hyper before the next price tier.
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