$ETH near $2,937, down ~2.1%, is stuck between expectation and hesitation. Ethereum isn’t weak fundamentally, but it often underperforms during uncertain phases because traders rotate capital elsewhere.
Right now, ETH is reacting to overall market weight, not internal failure. The structure still matters — losing momentum here can delay alt recovery, but holding this zone keeps ETH in the game.
Market mood: Hesitant
Risk: Slow bleed if BTC stays flat
Strength: Long-term relevance remains untouched
ETH
2,931.71
-0.49%
