[Analyst: Ethereum Price Has Absorbed Significant Short-Term Uncertainty, May Remain Sluggish in the Coming Weeks] BlockBeats News, February 27, Swyxtx Chief Analyst Pav Hundal stated that Ethereum's price has absorbed a significant amount of short-term uncertainty and may remain sluggish in the coming weeks. 'A large amount of short-term uncertainty has been priced into Ethereum. If ETH remains relatively sluggish in the coming weeks, I wouldn’t be surprised at all,' Hundal said on Thursday. He added that geopolitical tensions, such as the escalation of issues in Iran, as well as progress on the U.S. 'Clarity Act,' have largely been priced in as well. Hundal noted that the $19 billion liquidation event in October last year is still weighing on the market. 'The chain liquidations in October wiped $19 billion from the market, and now consumer sentiment has fallen to levels not seen since 2022.' He believes that as traders focus on where the next wave of liquidity will come from, market sentiment is being overlooked. 'For me, consumer sentiment is the big story that no one is really talking about.'