Ethereum Price Risks Of Falling To $3.4K Despite ETF Optimism, Here's Why

Despite the recent regulatory nod for the Spot Ethereum ETF by the U.S. Securities and Exchange Commission (SEC), Ethereum’s price has dipped. Notably, the recent drop in price reflects that the investors are taking a cautious approach before putting their bets. However, amid this, a prominent crypto analyst has outlined several factors that could influence Ethereum’s performance in the coming days, predicting a potential dip to around $3.4K.