$ETH Recent ETH market performance has been weak, with prices under continuous pressure. As of March 2025, ETH has fallen more than 50% from its historical high, primarily affected by macro policy uncertainties (such as Trump's tariff policy), the diversion of funds to Layer2 ecosystems, and competition from emerging public chains (such as Solana). Technically, ETH has been fluctuating in the $1800-$1900 range since early April, with the MACD histogram turning positive but significant resistance above (at $1895-$1910), and market sentiment remains cautious. Although some institutions (such as Trump's fund WLFI) are increasing their positions against the trend, retail selling pressure and decreasing on-chain activity have intensified the downward pressure.