ETH trades near $2.5K, but weak demand clouds bullish outlook
Ether bounced 17% from its recent low, but data shows pro traders unwilling to flip bullish on ETH.
Key takeaways:
Ether surged to $2,470, but futures and options data show weak bullish conviction from traders.
Despite spot ETH ETF inflows, low network fees and rising competition weigh on Ether’s price outlook.