Ethereum's price has fallen by over 15% in the past week and 52% annually.The upcoming Pectra upgrade could potentially increase Ethereum's fundamentals and drive ETH price to new highs.Testnet issues are currently delaying the mainnet launch of the Pectra upgrade, raising concerns about increased volatility for Ethereum.Industry observers warn that Ethereum is losing its position as the go-to chain for builders, and Pectra may not be the solution to its deeper issues.