Ethereum Price: Bears Eyeing $3,500 as Rangebound Momentum Wanes

Ethereum (ETH) continues to languish in a tight trading range between $4,200 and $4,500 for the past two weeks. This lack of momentum has led to increasing bearish sentiment, with traders predicting potential price drops towards the $3,500 level before any significant recovery. 📈 Analysts point to declining spot volume and a weakening market sentiment as driving factors behind this shift in outlook. 📉