<ul><li>Ether (ETH) price has risen 6.4% from its March 30 $1,768 low but the altcoin has struggled to regain the $2,000 level.</li><li>Traders show little confidence in a strong recovery as Ether is currently 44% down year-to-date, and the premium on Ether futures relative to spot markets is below the neutral threshold.</li><li>Whales and market makers lack confidence in Ether's performance, with the Ether options market indicating strong risk-aversion sentiment.</li><li>Despite reduced network activity, Ethereum adoption remains strong in decentralized finance (DeFi) as new use cases emerge.</li></ul>

Ethereum price may have bottomed, but pro traders show little interest in buying ETH

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