Ethereum Price Analysis

Ethereum price remains stuck around $2,100, closely following Bitcoin’s (BTC) movements. Despite a significant bull run in the crypto market since 2023, Ethereum (ETH) holders are facing challenges.
Although ETH price surged 243% in 2023 and early 2024, it has notably failed to perform for the better part of 2024. In contrast, its peer altcoins have seen massive gains. As of this writing, ETH has experienced 12 weeks of an agonizing downtrend.