Ether's price has struggled to break above the $2,750 resistance level despite a 44% increase this month.Evidence points to Ethereum's struggles in the 2023-2025 cycle with increased volatility and unique capital flow patterns.Realized volatility for Ether has remained high at around 80%, signaling market uncertainty even as prices declined.Weak demand and losses for Ethereum ETFs, with investors facing a 21% unrealized loss, indicate mounting pressure on the crypto asset.