Key facts: Culper Research shorts Ethereum; ETH trades near $2,065

Culper Research shorts Ethereum as ETH trades near $2,065, reflecting a shift in sentiment following the Fusaka upgrade. Key price levels to watch.

Have you been keeping an eye on Ethereum’s price lately? Just a few months after the Fusaka upgrade, it seems that the sentiment around ETH is shifting, especially with recent moves by Culper Research. What’s Happening with Ethereum Prices? As of now, Ethereum (ETH) is trading near $2,065 . This represents a notable correction from its recent high of $2,200 . The current price level is crucial, particularly because if ETH drops below $2,030 , it could indicate further declines in the near future. Why is Culper Research Shorting Ethereum? Culper Research has recently shorted Ethereum, expressing concerns over the cryptocurrency's fundamentals. The firm points to potential issues arising from the December 2025 Fusaka upgrade , which is anticipated to lower gas fees. While this could make transactions cheaper, it may also negatively impact validator returns, leading to worries about the long-term viability of Ethereum's economic model. Could This Be the Beginning of a Bearish Trend? The response to the Fusaka upgrade has already resulted in Ethereum closing the last month just below a critical multi-year ascending trendline. This level is pivotal: if it acts as resistance, we may be looking at the beginning of a bearish trend for ETH. Traders should keep a close eye on this structural decision point. What Does This Mean for Traders? For traders, the current market dynamics signal caution. Should ETH continue to decline, those holding long positions may feel the pressure as the overall sentiment shifts. With potential resistance at the aforementioned trendline, and shorting activity from firms like Culper Research, traders might want to think strategically about their next moves. As the situation evolves, it may also be beneficial to look for competitive rates to buy or sell ETH on reputable exchanges such as Binance , Bybit , or Bitget . Ethereum is currently trading near $2,065 , correcting from a high of $2,200 . Culper Research has shorted Ethereum, citing concerns