Today, Ethereum's price has shown some upward movement, currently trading around $1,581.53, reflecting a slight increase of 0.11% over the last 24 hours. This minor gain comes amidst a broader context where the total net assets of US spot Ether ETFs have seen a significant plunge. Despite this, on-chain analysis suggests that historically low transaction fees on the Ethereum network often precede price rebounds, and the recent drop to a five-year low might be a positive signal for future price action. Additionally, after a period of net outflows, the US Ethereum spot ETF has recently broken this trend, indicating renewed investor interest.$ETH