Ethereum faces tough path to $3.9K as sentiment and demand fizzle
3M ago•
bullish:
0
bearish:
0
Share
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.
3M ago•
bullish:
0
bearish:
0
Share
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
