✅📊📈🤷📉 The ETH price is going down instead of going up primarily due to a few key reasons around the current market conditions in August 2025:
✅📊📈📉 Profit-taking: After a recent surge in ETH price fueled by optimism and institutional investment, some investors are booking profits, which leads to a sell-off and price pullback.
✅📊 This kind of correction is normal after a strong rally.
✅📊📉🔻 Market sentiment and volume: Crypto market sentiment is somewhat weak currently, with reduced trading volumes on both centralized and decentralized exchanges, especially on weekends.
✅📊📉📈🔻Lower volume can make prices more volatile and prone to downward moves.
✅📊 Fear of a dead-cat bounce: Some traders fear the recent surge might be a dead-cat bounce, where prices briefly rise in a downtrend before continuing lower.
✅📊 This can prompt caution and selling.
✅📊 Impact of macroeconomic expectations: Ethereum's price was boosted earlier after Federal Reserve Chair Jerome Powell hinted at possible interest rate cuts, but ongoing uncertainty or reduced expectations about those cuts can weigh on price momentum.
✅📊📉📈 So, the ETH price decline is a result of a mixture of profit-taking, weakening sentiment, cautious traders, and macro factors creating short-term downward pressure after recent strong gains.
✅📊📉🧑🦰📈 Analysts still have bullish views on ETH longer term, expecting higher prices later in 2025, but short-term dips are part of market cycles.
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