
Ethereum's price is approaching a key resistance level at $2.5k, where selling pressure is increasing despite a recent 20% rally. A large leveraged long position by an Ethereum whale raises questions about market stability amid these conditions. Meanwhile, Ethereum is underperforming Bitcoin, which is attracting more capital and ETF inflows. Additionally, Ethereum's unstaking activity has surged by 72,000%, indicating rising exit pressure and growing risk of liquidation. Investors should prioritize risk management as Ethereum's momentum appears increasingly bearish.