Why is ETH being suppressed??
Foundation Sell-off: The Ethereum Foundation frequently sells coins, doing little while boasting a lot, leading to insufficient market confidence.
Weak Ecosystem: There is a lack of on-chain development, with few successful projects, resulting in user loss.
ETHE Outflow: Due to objective factors, capital outflow has intensified.
In the short term, Ethereum needs more attention, ecological support, and user confidence. Without BTC supporting the market, ETH might have already fallen below 3000! This is also the reason for the continuous decline in the BTC/ETH exchange rate. Retail investors may be poor, but they are definitely not foolish!
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