Ethereum (ETH) buyers are increasing their positions despite the recent market volatility, as Aya Miyaguchi assumes the presidency of the Ethereum Foundation. ETH currently trades at $2,389.93 at the time of writing, after experiencing a 5.06% decline. Some key accumulation zones were identified at $2,632 and $3,149 and suggest strategic buying activity among Ethereum buyers that could signal a potential ETH rebound in the coming weeks.

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Ethereum’s Price Outlook Under New Leadership—Will Buyers Win?

Aya Miyaguchi with Vitalik Buterin
Source: Panewslab

Miyaguchi’s New Role at the Ethereum Foundation

Aya Miyaguchi Ethereum Lead
Source: Panewslab

Aya Miyaguchi has officially stepped into the role of President at the Ethereum Foundation after serving around seven years as Executive Director. Her leadership transition was announced on February 25, 2025 (yesterday), with a focus on strengthening institutional partnerships and also expanding Ethereum’s cultural narratives.

Miyaguchi said:

“This richness—where technical and social innovation intertwine and influence each other—isn’t just a feature of Ethereum; it’s the reason it endures.”

Vitalik Buterin, Ethereum’s co-founder, expressed strong support for Miyaguchi’s leadership:

“Every success of the EF—stepping up the execution of Ethereum hard forks and the solidity of its culture—is largely attributable to Aya’s stewardship.”

The leadership change occurs amid Ethereum price prediction discussions and growing interest from Ethereum buyers seeking to capitalize on current market conditions.

Ethereum Buyers Accumulating at Key Levels

Ethereum price chart showing recent price movements
Source: GlassNode

Data from Glassnode reveals Ethereum buyers have purchased 786,660 ETH around the $2,632 zone, establishing a crucial support level. A stronger resistance exists at $3,149, where 1.22 million ETH has been accumulated. These patterns suggest that Ethereum buyers view the latest and recent dips as strategic entry points.

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The Cost Basis Distribution (CBD) metric shows that downward shifts in investor cost bases are appearing, indicating persistent gathering despite price volatility. This buyer behavior often precedes significant ETH rebound movements in the cryptocurrency market.

Technical Challenges for Ethereum Foundation

Ethereum technical indicators showing RSI and MACD indicators
Source: TradingView

The Ethereum Foundation’s leadership transition happened at the same time with some dreaded technical challenges. The recent Pectra upgrade encountered significant issues on the Holesky testnet, revealing vulnerabilities in how various Execution Layer clients processed validation deposits.

The technical difficulties mentioned above were of course isolated to the testnet environment and did not affect the Ethereum mainnet in any way. At the same time, they highlight ongoing development challenges faced by the platform that could impact ETH rebound potential.

CoinCodex experts said:

”According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 13.67% and reach $ 2,838.19 by March 28, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 21 (Extreme Fear). Ethereum recorded 14/30 (47%) green days with 7.73% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a bad time to buy Ethereum.”

ETH Rebound Prospects Under Analysis

The current technical indicators for ETH present a mixed picture for Ethereum buyers. With an RSI of 33.30, Ethereum approaches oversold territory but hasn’t reached extreme lows, suggesting potential downside risk remains. The MACD histogram has flipped negative, reinforcing bearish momentum in the short term.

”According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 78.05% and reach $ 4,445.85 by February 26, 2026. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 21 (Extreme Fear). Ethereum recorded 14/30 (47%) green days with 7.73% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a bad time to buy Ethereum.”

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Ethereum price prediction experts are monitoring the $2,632 support level closely. A breakdown below this zone could trigger a deeper correction, while continued accumulation by Ethereum buyers could push prices toward the $3,149 resistance level.

As the Ethereum Foundation navigates both leadership changes and technical challenges under Miyaguchi’s presidency, the next few weeks will prove crucial in determining whether ETH can rebound from current levels and reward the buyers who have been accumulating during this period of market uncertainty.