Ethereum Is Charting the Same Story as LayoffsEthereum / TetherUSBINANCE:ETHUSDTManishaMishraEthereum's chart shows layoffs are not just a company story. They are a liquidity story. For 5 months, ETH has priced in lower expectations. ETH is stuck around $2K, moving sideways. The panic may be over, but conviction isn’t back. Now look at the moving averages (SMAs), the short-term lines (20 & 50-day) are flattening, which simply means selling pressure has slowed. But the longer ones (100 & 200-day) are still above price. So, the bigger trend is still weak. To put it simply, the market has stopped falling, but it hasn’t started believing again. Until ETH reclaims those higher averages, it’s hard to argue that risk appetite is truly back. And remember that usually matters for hiring, funding, and growth.