Weak demand from spot Ethereum ETFs, soft derivatives data, and macro fears have left Ether struggling to sustain $3,400 despite signs of steady onchain activity.
Key takeaways:
Ethereum ETF outflows and cautious traders show limited confidence in ETH price going higher for now.
Low derivatives premiums suggest a muted outlook for Ether’s price.
Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.
Privacy Policy Terms and Conditions
