Ethereum (ETH)

Price (24h range): ETH underperformed BTC on many pairs, sliding sharply from recent local highs and briefly losing key round-number and support areas.​Why it moved: High beta to BTC: ETH usually amplifies BTC moves on the downside, as it is still seen as a higher-risk tech asset.​Positioning & profit-taking: leveraged longs built up after recent on-chain and L2 activity optimism were flushed out as BTC broke down.​Competition narrative: growing attention to alternative L1s and L2s temporarily diverted capital away from ETH.​ #ETH🔥🔥🔥🔥🔥🔥 #ETH（二饼）