Ether (ETH) fell to $3,363 on June 16 after declining 15% from $4,000. The second largest cryptocurrency by capitalization has lost 4% over the past week. 📉 Despite the gloomy outlook, ETH appears to have found support at $3,500. One of the factors supporting the growth of ETH is the decrease in supply on exchanges. Great ETH holders continue to accumulate, suggesting further growth. Increased demand for leverage has led to increased open interest in ETH futures, reflecting investor optimism.