Liquidity Boosts Markets, but ETH Still Lags Stocks

[tradelikepro]

Global policy is turning more expansionary:
• The Fed ended QT on Dec. 1
• Traders expect a Dec. 10 rate cut
• Repo operations surged, injecting fresh liquidity

Equities responded immediately — the Nasdaq is now just 3% below its all-time high.
But ETH hasn’t followed.

Despite improving macro conditions, Ether continues to underperform, with traders pricing in higher downside risks and a large 2015 whale wallet moving 40,000 ETH adding to unease.

Until derivatives traders regain conviction, ETH’s path higher looks limited.

[Nahid Hossen]

ETH fee collapse highlights growing competition from Tron and Solana.

[Abdul Khan]

ETH underperformance shows risk appetite isn’t fully returning to crypto yet.