Ethereum Price: Momentum Wanes, Will It Dip Below $4,355?

Ethereum’s price momentum appears to be weakening. Matrixport, a cryptocurrency firm, has issued a warning of a potential fall below the $4,355 level in the near term. This aligns with recent data showing large withdrawals from Binance, potentially indicating shifting investor behavior. Dan Tapiero, founder of DTAP Capital, adds to the discussion by outlining nine growth drivers for altcoins, including stablecoins and DeFi, which may indicate a new season of altcoin investment opportunities.