The price of Ethereum (ETH) has been declining, following a similar trend as Bitcoin (BTC). Demand for Ethereum exchange-traded funds (ETFs) has fallen, resulting in large outflows of funds. Additionally, Ethereum balances on centralized exchanges have increased, indicating that investors are moving their tokens to be sold. Ethereum's futures open interest has also dropped, signaling a decrease in demand. Furthermore, Ethereum staking rewards have declined compared to other cryptocurrencies like Solana (SOL) and Tron (TRX). Technically, the price of ETH has formed a double-top pattern and may potentially experience a bearish breakdown if it falls below certain key support levels.



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