Ethereum price to $3K? ETH bulls might need to wait, analysis suggests 📉
The recent analysis suggests that Ethereum is facing mixed signals, impacting its price trajectory toward the anticipated $3,000 mark. While institutional inflows and increasing transaction fees present a bullish outlook, sluggish network activity and caution in the Ether futures market suggest a more tempered price movement.
Investors and analysts remain observant, noting the underlying challenges that the Ethereum network confronts amid prevailing market conditions.
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