Ether (ETH) Has Not Been Able to Break $3,800 Without Institutional Demand
Ethereum has indeed seen an increase of about 9% from the level of $3,355, but futures market data shows neutral or bearish sentiment. Spot ETH ETFs recorded an outflow of $129 million, and there are no strong catalysts that could push ETH past the $3,800 level in the short term.
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