Reasons for ETH’s recent weakness:

1. The first thing to bear the brunt is that the ETH Foundation and Buterin have recently sold ETH, pouring cold water on the market.

2. ETH has recently turned from deflation to inflation, and selling pressure has increased.

3. The Cancun upgrade has been delayed and the expectations are too long.

4. Projects involving the ETH mainnet ecology have been unable to attract people recently, and gas fees are extremely low.

If you have any other reasons, please add them in the comment area.

So to sum it up: go long BTC when buying the dip, and go short eth when it rebounds? #ETH #DeFiChallenge $ETH