$ETH has seen notable price fluctuations, with recent data showing a trend of downward pressure over the past week and month. Key factors include broader market volatility and reactions to news surrounding potential ETF flows. Trading volumes remain high, indicating active trading. Analysts are closely watching technical indicators for potential shifts. The upcoming Pectra upgrade is still being factored into investor sentiment. Also, the amount of Ether held on centralized exchanges is being monitored, as it can indicate selling pressure. Market participants are navigating a landscape of both risk and potential reward.