{"id":97470,"date":"2026-05-26T10:13:47","date_gmt":"2026-05-26T07:13:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=97470"},"modified":"2026-05-26T10:38:09","modified_gmt":"2026-05-26T07:38:09","slug":"ali-martinez-predicts-ethereum-could-drop-to-1000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ali-martinez-predicts-ethereum-could-drop-to-1000\/","title":{"rendered":"Ali Martinez Predicts Ethereum Could Drop to $1000"},"content":{"rendered":"<p>The price of Ethereum continues to show weakness amid statements from the project&#8217;s co-founder, <a href=\"https:\/\/forklog.com\/en\/news\/who-is-vitalik-buterin\">Vitalik Buterin<\/a>, regarding a strategic shift by the Ethereum Foundation (EF). Analyst Ali Martinez pointed this out.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/pjRzPYr6Jk\">https:\/\/t.co\/pjRzPYr6Jk<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a href=\"https:\/\/twitter.com\/alicharts\/status\/2059148530447421702?ref_src=twsrc%5Etfw\">May 26, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The organization <a href=\"https:\/\/x.com\/VitalikButerin\/status\/2058583593102844111\">plans<\/a> to reduce its role in the ecosystem and focus on critical tasks.<\/p>\n<p>Buterin noted that the foundation holds only 0.16% of the total supply of the second-largest cryptocurrency by market capitalization. According to him, EF should become a &#8220;more compact ship,&#8221; transferring asset support to other organizations. Meanwhile, Buterin himself holds 90% of his capital in Ethereum.<\/p>\n<p>Martinez ironically commented on these changes. He pointed out the clear gap between the developers&#8217; idealistic statements and the actual market dynamics. While the foundation &#8220;searches for identity,&#8221; prices continue to fall.<\/p>\n<p>From a technical perspective, the asset has been in a prolonged range since 2021. A recent attempt to hold above the 200-week <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-moving-average-and-how-is-it-used-in-crypto\">moving average<\/a> ended in failure.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a6e4c535e831e8c7-5380817082047415.webp\" alt=\"ETHUSDT_2026-05-26_10-07-56\" class=\"wp-image-280486\"\/><figcaption class=\"wp-element-caption\">Hourly chart of ETH\/USDT on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3AETHUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Martinez highlighted a key support level at $1850. A weekly close below this value would accelerate the decline. As an intermediate target, the trader named $1560, with the main target being the lower boundary of the range around $1070.<\/p>\n<p>The analyst emphasized that he does not plan to open short positions. Instead, he intends to use the decline to accumulate the asset according to the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-dollar-cost-averaging\">DCA strategy<\/a>.\u00a0<\/p>\n<p>Historical data from the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-mvrv-indicator\">MVRV metric<\/a> indicates that the area below $1850 has traditionally been a window for long-term purchases before a new bull cycle.\u00a0<\/p>\n<p>For Ethereum to return to growth, it needs to reclaim the $2500 level and overcome resistance at $3100, Martinez concluded.<\/p>\n<p>Back in March, EF published an updated mandate, establishing the <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-foundation-upholds-minimal-intervention-in-network-development\">principle of minimal intervention<\/a> in the network&#8217;s development.\u00a0<\/p>\n<p>In May, blockchain researcher and investor William Mougayar <a href=\"https:\/\/forklog.com\/en\/news\/william-mougayar-defends-ethereum-foundation-against-community-criticism\">defended<\/a> the Ethereum Foundation, stating that the organization is &#8220;doing exactly what it was created for.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of Ethereum continues to show weakness amid statements from co-founder Vitalik Buterin about EF&#8217;s strategic shift.<\/p>\n","protected":false},"author":1,"featured_media":96810,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Ethereum shows weakness amid Vitalik Buterin's strategic shift statements.","creation_source":"ai_translated","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,46,1138,200],"class_list":["post-97470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-ethereum","tag-opinions","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"5","promo_type":"1","layout_type":"1","short_excerpt":"Ethereum shows weakness amid Vitalik Buterin's strategic shift statements.","is_update":"0","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=97470"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97470\/revisions"}],"predecessor-version":[{"id":97471,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97470\/revisions\/97471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96810"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=97470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=97470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=97470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}