Ethereum's price has dipped to a two-week low of $4,150, down 4.5% from its recent high of $4,350, amid looming macroeconomic uncertainties and a significant supply unlock that could add pressure to the cryptocurrency market. The upcoming $4 billion staking supply exiting the Ethereum network, with 910,461 ETH pending unstaking, reflects a growing trend of profit-taking among investors, likely fueled by concerns regarding general economic conditions and the Federal Reserve's upcoming policy announcements. Additionally, Ethereum ETFs experienced substantial outflows totaling $197 million on Monday, indicating decreased institutional interest. The decline in network activity, with active addresses dropping by 28%, coupled with investors' caution ahead of the Jackson Hole meeting, paints a grim short-term outlook. Despite these challenges, some experts remain optimistic, suggesting that the market is capable of absorbing the potential supply shock once unstaked tokens flood into the market. Longer-term projections still anticipate Ethereum reaching between $6,000 to $8,000 by year-end despite the current turbulence.

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