Ethereum Classic (ETC) is falling by 3.8% to $23.94 this week, lagging behind the broader crypto market as Bitcoin (BTC) climbs by 0.4% to $118,517. Despite the decline, the pullback is viewed as a healthy correction following last week’s impressive 35% rally to $25.60. Prices are now consolidating near the $25.00 level, which signals underlying strength in ETC.

The broader environment remains supportive. The United States is progressing in establishing a legal framework for the crypto industry, and recent developments on the tariff front have added a layer of macroeconomic optimism. With a clear catalyst, the next leg higher could be triggered. From a market perspective, ETC appears poised to resume its upward trend, with the next target set at $30.00.