Ethereum Price Forecast: $42B Derivatives Volumes Signal $2,000 Rally after Ethereum Foundation Replaces CEO

Ethereum price rebounded above $1,800 on Thursday as traders react positively to leadership shake-up at the Ethereum Foundation and capital rotation out from altcoin exposed to SEC oversight risks.

Ethereum (ETH) Retakes $1,800 amid Altcoin ETF Jitters

Ethereum (ETH) surged past $1,800 on Tuesday, recovering from recent losses triggered by broader altcoin uncertainty after the SEC delayed decisions on multiple ETF applications.

While Bitcoin remained range-bound below $96,000, the ETH price breakout above $1,815 stood out.

Despite regulatory headwinds, ETH posted a modest 2.1% gain, supported by strong trading volume and improving investor sentiment following a governance update at the Ethereum Foundation.

Market Reacts Positively to Leadership Shuffle at Ethereum Foundation

In a surprise announcement Tuesday, the Ethereum Foundation appointed Hsiao-Wei Wang and Tomasz K. Stańczak as new co-executive directors, replacing the previous CEO structure. The move was part of a broader organizational shift to improve decision-making and project execution within Ethereum’s core ecosystem.

Under the new structure, the board will act as a “security council” guiding Ethereum’s strategic vision, while day-to-day governance will be managed by the co-directors. The board will include key figures such as Ethereum co-founder Vitalik Buterin, foundation president Aya Miyaguchi, and legal advisor Patrick Storchenegger.

Hsiao-Wei Wang, a core researcher and Ethereum developer, will also serve as the liaison between the board and management, solidifying communication across leadership layers. The foundation outlined three key focus areas for the next 12 months: scaling Layer 1, optimizing blob handling at Layer 2, and enhancing user experience.

The shake-up was viewed favorably by the market, with many seeing it as a sign of maturity and adaptability.

Ethereum Derivatives Point to Bullish Momentum Toward $2,000

Coinglass‘ derivatives market reflects growing optimism among traders after the leadership shuffle at Ethereum Foundation. The 24-hour long/short ratio stood at 0.9912, indicating near-equal positioning, but top trader data paints a different picture. On Binance, the top trader long/short ratio (by accounts) is 2.6778, while positions data shows 1.9521, suggesting whales are leaning long.

Additionally, options volume rose by 3.75% to $435.21 million, with open interest climbing to $4.08 billion, up 1.50%. The increasing options activity indicates traders are hedging for volatility, with a bias toward upside price moves.

Liquidation data over 24 hours showed $69.56 million in rekt positions, with long liquidations at $49.78 million and shorts at $19.78 million, highlighting a more aggressive attempt to chase further price gains.

Ethereum Price Forecast Today: ETH Eyes $1,900 Amid Bollinger Band Expansion

Ethereum price forecast signals show ETH holding steady above $1,800, currently trading at $1,812 after a 1.03% daily gain. The price is pressing against the upper Bollinger Band at $1,892.79, hinting at a potential breakout if bullish momentum continues.

Volume remains modest, but the structure reflects a sustained recovery since the April 13 low.

Notably, Ethereum has reclaimed the 20-day moving average and is holding just above the midline of the Bollinger Bands, indicating improved market confidence.

The BBP (Bollinger Band Percent B) sits at 96.82, suggesting ETH is nearing overbought territory, but not decisively so.

This level often precedes short-term consolidation before fresh upside or pullbacks.

 Ethereum position above the 20-day moving average and proximity to the upper band reflects a well-structured bullish setup.

However, resistance at $1,892 must be decisively cleared to open room toward $2,000.  A failure to do so could return ETH to the $1,695 support zone, marked by the lower band.