Bitcoin and Ethereum are experiencing a widening supply imbalance as market volatility continues. Ethereum's price has fallen below $3,000, while Bitcoin has dropped under $90,000. On-chain data indicates that Ethereum's price is influenced by factors such as staking, burning, and network activity, whereas Bitcoin's supply remains steady. Analysts caution that this growing imbalance could prompt investors to reassess their holdings. Historically, similar imbalances have led to price declines for both cryptocurrencies. Without an influx of new liquidity, the market may face consolidation or weak rallies in the near term.