$ETH is moving in this trend mainly due to a mix of market sentiment, on-chain dynamics, and macro pressure:
Capital is still rotating into Bitcoin, keeping $ETH slightly lagging as $BTC leads market direction.
After recent network upgrades, selling pressure from stakers taking profits has increased short-term volatility.
High gas fees push users toward Layer-2s and alternative chains, slowing direct ETH demand.
Macro uncertainty – Interest rates and global risk sentiment make traders cautious, limiting aggressive upside moves.
Overall, ETH is consolidating, not weak waiting for a strong catalyst to set the next clear direction.
BTC
66,245.46
-1.66%
ETH
1,945.33
-0.43%