Ethereum’s Slow Retail Response: An Upside Signal?

Historically, Ethereum has exhibited a clear pattern during bull markets, with retail trading activity surging around price peaks. However, this time seems different. Although Bitcoin experienced a dramatic surge from $16,000 to over $111,000, Ethereum’s price hasn’t matched the typical altcoin outperformance. CryptoQuant indicates a brief spike in retail interest in December 2024, but this momentum was quickly quelled by market uncertainty stemming from President Trump’s tariffs.