Ethereum is navigating a challenging market phase, with price facing persistent selling pressure despite a tightening supply landscape. On the charts, ETH has shown signs of weakness, with repeated rejections at key resistance levels and declining momentum suggesting that sellers remain in control in the short term. A significant portion of the ETH supply remains locked across staking contracts, effectively reducing the amount of liquid ETH available on the market.
Locked Supply Continues To Tighten Circulating Ethereum
This divergence highlights a key dynamic. While the ETH price is showing weakness, the network participation is signaling strength. There are long waiting times to enter staking and almost no waiting time to exit. This kind of disconnection doesn’t last long. Right now, supply is being locked from circulation while demand is building.
How Ethereum Long And Short Positions Shrink Across The Board
