Why Ether Can’t Clear $2,400 Resistance
Key takeaways: Ether struggles to hold $2,400 due to low DEX volumes and declining demand for decentralized applications. Institutional investor-led outflows and weak futures premiums suggest that ETH lacks the bullish demand for a sustainable rally. Ether (ETH) experienced a 6% correction between Wednesday and Thursday, retesting the $2,050 level, and reflecting a risk-off environment