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ETH price hits $3.4K, but pro traders are not bullish yet: Here’s why
📰 sources⭐ 9.0
TL;DR:
ETH price cooled down from its recent rally as US macroeconomic factors, reduced DApps activity and falling fees impact traders’ use of Ether derivatives.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence ETH price action and market sentiment in the near term.