The SEC has delayed its decision on the Ethereum ETF due to ETH falling below a key support level, leading to a decline of over 5% in ETH's value. Analyst James Seyffart suggests the ETF approval might be postponed to mid-July. Meanwhile, a significant ETH holder faces potential liquidation if ETH drops to $2,984. Despite the downturn, CME's ETH open interest rose, indicating a slightly bullish sentiment among U.S. investors. For more details, visit [0xzx.com](https://0xzx.com/2024070504494590241.html).