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Why is the Largest Altcoin Ethereum (ETH) Losing Ground?
- Ethereum (ETH) is underperforming in the crypto market, with a 2% decline in the past 24 hours.
- ETH's market dominance has dropped to 13.85% from its yearly high of nearly 20%.
- Whale-selling activity and Ethereum Foundation's selling contribute to mounting sell-side pressure.
- Technical indicators suggest bearish momentum for Ethereum, but it could break resistance at $2651 if demand holds.
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