#Ethereum✅ (ETH) does not always see a significant rise after positive developments or events are approved for several reasons.
1- Integrated Anticipations
Markets often anticipate good news. If investors have long expected an approval or breakthrough, the price of ETH may already reflect this anticipation, making the impact of the announcement less noticeable.
2 - Increased Competition
Ethereum faces strong competition from blockchains like Solana, Cardano and Binance Smart Chain, which offer advantages in terms of scalability, transaction fees and speed. This competition can dilute the impact of positive news on Ethereum.
3 - Macroeconomic Conditions
Macroeconomic factors like economic uncertainty, interest rate fluctuations, and monetary policies can affect the entire cryptocurrency market, limiting price gains even for $ETH Ethereum-specific positive news.
4 - Technical Problems
Ethereum continues to face technical challenges, including scalability and high transaction fees. These ongoing issues may make investors reluctant to buy ETH en masse despite the good news.
5 - Profit taking
After a rise, some investors take their profits, creating downward pressure on the price.
6 - Market Sentiment
Overall cryptocurrency market sentiment also plays a role. During bearish or market consolidation periods, even good news about Ethereum may not be enough to cause its price to rise significantly.