In response to Sweden’s partial rollback on becoming fully cashless due to geopolitical risks, Vitalik highlights a key lesson: centralized digital cash systems are fragile. Cash remains a vital backup. 💡

He says $ETH must be resilient and private enough to truly serve as “digital cash” in a changing financial world. This aligns with his recent critique of Ethereum’s complexity, calling for practical, user-ready upgrades.

But what does this mean for ETH price? I asked top TradingView trader MasterAnanda:

1. On privacy & resilience’s impact on ETH’s value:

‘I think only actual network developments and upgrades/changes can have an effect on Ethereum's native token price, rhetoric is nice but can't make much difference when it comes to trading prices. Major confirmed announces and actual upgrades can have an effect though, and that effect will depend on the broader context and overall market cycle.’

2. On technicals:

ETH is consolidating above long-term support from Sep/Aug 2024 and key 2023 levels. The strong green candle on May 5 signaled a breakout, and now we’re in a consolidation phase. Once that ends, expect continuation upward. 📈

Key signals:

✔ Weekly close above MA200 = bullish trend

✔ EMA89 being flipped

✔ MACD shows bullish cross

✔ RSI (52.74) formed a higher low vs. June 2022 — marking end of bear market

MasterAnanda concludes: “No room for doubt — 100% certainty — Ethereum is going up.”

Vitalik’s vision meets technical confirmation. ETH isn’t just a speculative asset — it's gearing up to become real digital money. 🔐💸