Ethereum has faced significant resistance at the $4,000 mark, struggling to maintain momentum after a recent drop to $3,097, despite a slight recovery to $3,475. Trading volume has decreased by nearly 15%, and the launch of spot ETFs has not met expectations, with recent outflows indicating waning investor interest. Additionally, a notable sell-off in the futures market and concerns over high supply further complicate Ethereum's outlook, leaving analysts divided on its future trajectory.
