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Ethereum Faces Headwinds, But a Breakout Is Coming!
Ethereum (ETH) has been in the spotlight, yet its price action lags behind the broader market. Despite ETF inflows, an improving EIP-1559 burn rate, and an upcoming mainnet upgrade (now delayed to April), ETH remains hesitant.
So, what’s holding it back? Continuous sell-offs from the Ethereum Foundation and Vitalik Buterin act as a Damocles' sword over price action—just as founder sell pressure weighed on XRP before its rally.
Meanwhile, rising SOL momentum and rumors of Solana spot ETFs challenge ETH’s dominance as the #2 crypto. Fluctuating gas fees further complicate adoption.
But here’s the key: once selling pressure eases, ETH could mirror XRP’s explosive recovery. Capital is selective, and ETH remains a fundamental pillar of the crypto market.
Will ETH’s breakout be the next big move? Drop your thoughts below!