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.

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