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. Read more
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. Read more