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Coin Telegraph

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3 reasons why Ethereum price keeps falling

  • Ether (ETH) is experiencing a sell-off and may witness a deeper correction before recovery as it dropped below the crucial $1,500 support level.
  • The weak flows in spot Ethereum ETFs indicate a lack of investor interest, particularly institutional demand.
  • Low open interest and negative funding rates in Ether's derivatives market suggest waning investor confidence.
  • Competing layer-1 blockchains, such as BNB Chain, Solana, Avalanche, and Tron, are outpacing Ethereum in network activity.

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