Ethereum Fails to Rally Despite Bullish Vitalik Sentiment
Ethereum Ethereum Fails to Rally Despite Bullish Vitalik SentimentEthereum sentiment turned bullish after Vitaliks comments, but ETH still failed to break key resistance.ETF outflows, whale shorts, and weak spot demand kept Ethereum under pressure despite active buying.Ethereum dropped nearly 29% this year as traders shifted focus toward Solana and rival blockchains. Ethereum failed to build on early gains this week, even after Vitalik Buterin said the Ethereum Foundation may cut back on future ETH sales from its treasury. Traders initially reacted positively, but the recovery faded quickly as broader weakness in crypto markets kept pressure on prices. ETH briefly climbed nearly 5% from its weekend low near $2,020 before losing strength around the $2,115 level. Moreover, Ethereum remains down roughly 9% over the past two weeks as investors continue reducing exposure to risk assets. On-chain analytics platform Santiment highlighted the growing gap between trader sentiment and actual price action. “The Ethereum Foundation just promised to sell less ETH. Sentiment turned bullish. ETH price barely moved,” the platform wrote on X. The Ethereum Foundation just promised to sell less ETH. Sentiment turned bullish. ETH price barely moved (researched with Santiment MCP + Claude). ????️ Sunday — Vitalik laid out a smaller, more focused EF that will “sell