ETH price hits $3.4K, but pro traders are not bullish yet: Here’s why

Ethereum's price has reached $3,400, following a recent rally; however, professional traders remain cautious. Factors such as US macroeconomic conditions, reduced activity in decentralized applications (DApps), and declining transaction fees are contributing to a more bearish sentiment in the Ether derivatives market.

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Source: CoinTelegraph · Report an issue