The pullback of ETH is actually quite understandable; it is a standard divergence between volume and price;
Last week's weekly trading volume increased significantly, but the price only rose slightly, indicating that efforts did not yield results, representing that demand is still very strong, but new supply has emerged at this position.
Currently, ETH's market structure is superior to BTC in various aspects, and next, we just need to see when this new supply will be consumed,
Finally, I want to emphasize one point: if you think BTC might have peaked, then I do think that is possible, but for ETH, I still do not believe the highest point has been reached.
