#ETHUnderPressure Ethereum is currently facing mounting pressure as multiple macro, on-chain, and ecosystem-specific forces converge. While ETH remains the backbone of DeFi, NFTs, and smart contract infrastructure, short- to mid-term headwinds are becoming increasingly visible. The challenge for Ethereum right now is not a lack of relevance, but a temporary mismatch between strong fundamentals and constrained market conditions.
Macro Liquidity Tightness
Global liquidity remains tight as central banks continue to maintain restrictive monetary policies. In such an environment, risk assets like E