Ethereum price weak but rising tokenized Treasury demand may boost ETH/BTC rebound.

Ethereum's price has weakened, slipping below a key support level, signaling bearish technicals. However, demand for tokenized U.S. Treasuries on Ethereum has hit a record $8 billion, reflecting strong on-chain interest in safer, yield-generating assets amid market volatility. The Federal Reserve's increasing Treasury holdings and growing tokenized Treasury funds highlight a broader shift toward safer investments. This rising yield demand could support a potential ETH/BTC price rebound and mark a structural shift favoring Ethereum's role in tokenized real-world assets.