📉 Ether (ETH) took a 12% nosedive from Oct. 1-3, failing to break the $2,650 barrier and erasing gains from the past two weeks. Traders are scratching their heads, wondering if ETH can bounce back to $2,800.

- Despite a 5% drop since Sept. 1, the total crypto market cap grew by 1.4%.

- The Ether ETF launched in July saw net outflows of $552M, disappointing investors.

- Vitalik Buterin and the Ethereum Foundation's sell-offs added to the pressure.

On the bright side, Ethereum's network activity remains strong, with a 27% rise in active addresses and a 41% boost in trading volume. 🚀

Stay tuned for more crypto adventures!