Ethereum Weakens As ETF Optimism Runs Into A Cooler Policy Backdrop

Ethereum is under pressure again as traders reassess how much of the ETF optimism has already been priced into the market.
The move is not simply about ETH losing momentum on a chart. Ethereum has been trading at the intersection of several stories at once: spot ETF expectations, regulatory timing, network fundamentals, institutional demand, and broader risk appetite. When one of those pillars weakens, price can struggle even if the long-term thesis remains intact.
This time, the pressure appear