📣 Attention crypto enthusiasts! Despite the recent 18% drop in the price of Ether (ETH), traders are regaining confidence. 📈

1️⃣ The supply of Ether on exchanges continues to decline, indicating that investors are less likely to sell in the short term.

2️⃣ The launch of the Ethereum ETF in the US is expected to boost the price of ETH. Although the exact date is uncertain, excitement is growing.

3️⃣ The growth of Ethereum layer 2 solutions and the ETH derivatives market show strong bullish momentum.

Do you think ETH price will overcome the $3,400 resistance in the near term? Share your thoughts in the comments! 💭

Note: This news flash does not contain investment advice or recommendations. Every investment and trading movement involves risk. Do your own research before making a decision.