Ethereum's short-term price action is influenced by its shift toward a modular architecture, benefiting Layer 2 tokens.Ethereum has encountered resistance at $3,386, leading to a 6.59% price decline in the past 24 hours.However, Ethereum's performance in recent years has lagged behind Bitcoin and Solana in terms of growth.Ethereum's embrace of modular architecture has affected its short-term price momentum, but positions it for long-term dominance.