Ethereum Eyes $2,150 as Vitalik Confirms Foundation Will Sell Less ETH

Ethereum is trading at $2,114 right now, and one news just changed the long-term supply picture for ETH completely.

Vitalik Buterin confirmed on Sunday that the Ethereum Foundation will sell less ETH going forward.

The Foundation currently holds only 0.16% of the total ETH supply, roughly 193,000 ETH worth around $404 million. That number is already tiny compared to rival blockchain foundations sitting on 10% to 50% of their own token supply. Now, even that small amount will hit the market less frequently.

Less institutional selling directly reduces supply pressure. For long-term ETH holders, this is one of the cleanest bullish fundamental shifts of this entire cycle.

But the short-term chart tells a different story right now, and that is where things get interesting.

ETH Fails at $2,150 Again

Ethereum posted a 1.34% gain in the last 24 hours but remains down 3.72% on the weekly timeframe. Market capitalization sits at $253.63 billion according to CoinMarketCap data.

The price bounced from the $2,000 support zone recently, which is a positive sign. Buyers stepped in at that level and pushed ETH back above $2,100. But the bulls have now tried multiple times to close above $2,150 and failed each time.

That $2,150 level is the most important short-term trigger right now. Until ETH closes a daily candle above it with decent volume, the price action remains choppy and uncertain.

Analyst TedPillows shared a 2-day chart on social media highlighting key levels across the ETH chart. His analysis shows resistance stacked at $2,400, $2,624, and $2,800 above the current price.

Below, support sits at $2,000, with deeper demand zones near $1,873 and $1,784.

His projected path shows two possible scenarios playing out from here. If ETH holds $2,000 and reclaims $2,150, momentum builds toward $2,250 and eventually $2,400.

If it fails at $2,150 again, a retest of $2,000 followed by a potential dip toward $1,873 becomes the higher probability outcome.

What the Vitalik Post Actually Means for ETH Price

The Ethereum Foundation post from Vitalik was longer than most people read fully, but the price-relevant parts are clear.

EF is shifting its focus to what Vitalik calls CROPS, which stands for Censorship Resistance, Openness, Privacy, and Security. This is the technical core of what makes Ethereum different from every other smart contract platform.

The Foundation will now prioritize funding only those activities that directly support this mission and would not happen without EF's involvement.

Everything else gets cut or moved outside the Foundation.

This means a smaller, leaner EF with less overhead and less need to sell ETH to fund operations. Vitalik also stated clearly that the EF holds far fewer resources than most people assume, and the decision to sell less ETH is a deliberate strategic choice tied to long-term sustainability.

From a market mechanics perspective, even a modest reduction in consistent institutional selling can have a noticeable impact on price over time, especially when combined with growing demand from ETH stakers and layer 2 activity.

The Long Setup: $2,000 to $1,400 Is the Zone That Matters

Crypto strategist Patel laid out a clean cycle roadmap on social media that a lot of experienced traders have flagged as worth tracking.

His identified buy zone runs from $2,000 down to $1,400. His breakout trigger is $4,700. And his long-term cycle targets are $10,000, $15,000, and $20,000.

The logic behind these levels is straightforward. Every major ETH rally in history started from a low-volume, low-attention consolidation zone similar to what is forming right now.

Retail traders chase breakouts and buy when prices are already moving. Larger players accumulate during quiet periods when most people have stopped talking about the asset.

Patel summed it up directly: smart money does not chase green candles. They buy the boring range nobody talks about.

That boring range is exactly where ETH is sitting today.

Key Levels to Watch This Week

For short-term traders, the setup is straightforward. A daily close above $2,150 opens the path toward $2,250 and $2,400. A rejection here and a break below $2,000 brings $1,873 into play quickly.

For longer-term investors watching the cycle picture, the zone between $2,000 and $1,400 remains the accumulation window that analysts like Patel have outlined.

Whether ETH dips into the lower end of that range or holds current levels and pushes higher, the structural setup above $4,700 is what unlocks the larger move.

Vitalik's confirmation on reduced EF selling adds a layer of fundamental strength behind the technical picture. Both pieces of the puzzle are pointing in the same direction.

This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.