Some analysts are eying an Ether rally above $3,000, but traders may have to wait until October.
Read more$3K Ethereum price breakout likely delayed until October
The Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.
Read moreEthereum whales buy big as ETH bottom approaches, analysts predict
Ether ETFs are on track to reach $500 million in net outflows, but according to market analysts, the ETH bottom may be in.
Read moreEther price drop due to investor sentiment, not $420M ETF outflows — Nansen
Ether’s price is subdued by a lack of risk appetite among investors caused by wider macroeconomic conditions.
Read moreEther price drops 26% since ETF launch as supply increases by 60,500 ETH
The US Ether ETFs generated over $420 million worth of selling pressure for the world’s second-largest cryptocurrency.
Read moreRestaking is ‘inevitable,’ but the risks are still uncertain — Ether.fi CEO
Restaking yields are still mostly speculative, according to Mike Silagadze, who spoke at the Blockchain Futurist Conference.
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