Ethereum (ETH) has shed nearly 3% of its value in the past 24 hours after failing to climb above $1,900 multiple times in these past few days. However, we saw another attempt from bulls last week to push ETH out of its consolidation pattern. Ethereum Trading Volumes Dip to 3-Year LowsAccording to data from Santiment, the 7-day moving average for volumes dropped to its lowest print since November 2023 — back when ETH traded at around $2,200. Ethereum Trading Volumes w/ Moving Averages – Source: SantimentThe only difference is that volumes were on an uptrend back then, while they are currently on a strong downtrend. As we have stated in previous Ethereum price prediction articles, the market needs a strong positive catalyst to break past its current ceilings.