As Bitcoin retakes the $90,000 threshold and the overall cryptocurrency market consolidates, Ethereum (ETH) shows an independent downward trend. According to market data, ETH price broke below the key psychological level of $3,100 today, currently at $3,072.81, down 2.75% in the past 24 hours. This decline has significantly weakened its performance compared to most mainstream assets during the same period.



Market analysts believe that ETH's weakness is mainly due to recent technical issues with its network related to "finality delay," where some transaction confirmations take several hours, raising concerns among investors about network stability. This issue has shaken some investors' confidence in Ethereum as the most stable and reliable trading network, leading to capital outflows.
BTC-3.9%
ETH-6.26%
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