đ **Ether's Rollercoaster: Will It Bounce Back?** đ
Ether (ETH) took a 12% nosedive between Oct. 1-3, failing to break the $2,650 barrier. This wiped out recent gains and left traders scratching their heads. Can ETH rebound to $2,800? đ€
Despite a 5% drop since Sept. 1, the total crypto market cap grew by 1.4%. Ethereum's ETF launch in July didn't help, with $552M in outflows. Some blame Vitalik Buterin's sell-offs and reduced dApp demand.
But wait! Ethereum's network activity is boomingâUniswap's trading volume up 33%, Balancer up 122%, and Curve up 143%! đ
What do you think? Can ETH make a comeback? Drop your thoughts below! đŹ