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Ran Neuner, founder of Crypto Banter, highlights several conflicting trends in the Ethereum ecosystem. He points to institutional buying of ETH even as senior developers and researchers are departing from the Ethereum Foundation, while noting that the chain's resilience continues but the token's price remains under pressure.
Neuner indicates that these mixed signals have led to market confusion and says he has a new strategy, which he discusses live on his platform.
Neuner has flagged other market pressures in recent coverage. He noted increased downside risk for Bitcoin following a failed breakout and highlighted that Bitcoin is now trading below key breakeven points for holders. These observations come as both Bitcoin and Ethereum face renewed scrutiny from investors.