Ethereum Pulls Back as Institutional Demand Weakens

[cryptohog]

After a strong start to 2026, Ethereum is facing renewed downside pressure. ETH has dropped nearly 3% over the past 24 hours, reversing part of its early-January rally and trading around the $3,113 level as broader crypto markets softened.

Analysts note that this pullback comes amid weakening market conditions overall, with total crypto market capitalization sliding more than 2%. While Ethereum posted solid gains at the beginning of the year, momentum has slowed noticeably as buyers become more cautious.

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