What has happened to Ethereum?

Yesterday the spot ETFs of $ETH were approved, which made us all think that its price could skyrocket in the hours following the news, exceeding 4000. In the end we were unable to see this prediction and we had a decline in the price of this cryptocurrency. This is related to the rise that had occurred the previous day when the news was known and speculative bets were made on this currency. For now the market has remained quite stable, showing firmness around 3300 to 3600 and with a downward trend as it is sold massively.