Etherium ($ETH ) latest update 🚨

Despite the excitement surrounding the upcoming Ether ETF launch, Ethereum's price remains unstable, currently fluctuating around $3,100 This volatility highlights investor uncertainty Data from Coin Glass shows a slight increase in Open Interest for ETH futures to $12.67 billion, while derivatives volume has significantly decreased, indicating a cautious market sentiment The Relative Strength Index (RSI) for Ethereum is at 40, which means the asset is neither overbought nor oversold and could move in either direction Large purchases, such as a recent acquisition of 16,000 ETH by a major investor, suggest some are expecting a price increase due to the ETF In the short term, Ethereum faces high volatility and uncertainty The $3,200 resistance remains a major challenge, but the ETF launch is anticipated to bring significant new capital, potentially changing the market dynamics