<ul><li>Ethereum has faced repeated rejections at $4K in 2024 despite occasional bounces.</li><li>Ethereum is rejecting at $4K due to market uncertainty, profit-taking, and strong resistance.</li><li>24-hour technical indicators suggest a neutral to slightly bearish outlook.</li><li>The SEC has approved the first-ever Bitcoin and Ethereum dual exchange-traded fund (ETF), offering institutional investors an easier way to gain exposure to the two largest cryptocurrencies.</li></ul>

Why Is Ethereum Facing Multiple Rejections at $4,000?

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