Ethereum is back above $1,700, but don’t celebrate just yet... 📉
Despite this bounce, ETH is still underperforming altcoin peers like Solana and BNB by 23% YTD.
📉 Gas fees are down 95% since January
📉 Network activity is sluggish
📉 Spot ETF outflows hit $10M this week
📉 ETH supply may be turning inflationary again
History isn’t kind either: Past rallies often fizzled within months. Remember 2021 and 2022? Each spike was followed by steep pullbacks. Will this time be any different?
#Ethereum #ETH #CryptoMarket #Altcoins #DeFi
💬 Are you buying this dip or sitting on the sidelines?
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