Ethereum is in critical situation it seems it following the footstep on BTC when it goes down but not coming back like it. Current market showing big sell pressure which making the movement very bearish and it looking it will go more down in coming weeks.
Relative weakness is likely to continue.
The biggest problem ETH has is that the whole Alt market is losing market cap to the relative security of BTC, and ETH has the most market cap to lose.
If ppl want to switch from alts to BTC, ETH is the first to get sold, because it contains more value.