Ethereum Foundation Stakes 2,016 ETH, Plans 70,000 Total as Price Hovers Below $1,800

The Ethereum Foundation has staked 2,016 ETH from its treasury and plans to deploy around 70,000 ETH over time, with ETH trading just below $1,800, the foundation said. The setup uses Dirk and Vouch, open-source validator tools by Attestant, with rewards funding protocol research, ecosystem development and grants; Arkham data show the foundation holds about 172,650 ETH plus 10,000 WETH available for deployment. Chart analysts noted bearish signals: Trader Tardigrade flagged a second pennant breakdown with $1,735 as a near-term level, Ali Charts' inverted four-hour projection pointed to $1,600 with lower targets near $1,400 and $1,260, and TedPillows said buyers remain hesitant and expect a sweep of monthly lows before any rebound. Greeny mapped a range where losing support could open targets near $1,390 and $880, and The Market Periodical noted the added yield may not ensure near-term price support.