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Why Is ETH Price Down Despite Record Ethereum ETF Inflows?

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Summary
Nutrition label

66% Informative

ETH price faces rejection at $ 4,000 as selling by the Ethereum Foundation continues.

ETH price is down 4.38% at $ 3,843 levels, with its market cap at $462 billion .

Bitcoin price retracement led to a strong pullback amid the Bitcoin price drop under $104,000 .

Analyst Venturefounder has identified a critical threshold in ETH 's journey, highlighting the 0.036 ETH/BTC ratio as a pivotal level.

Investors are hopeful for an ETH price surge following the massive inflows into ETFs.

VR Score

47

Informative language

36

Neutral language

34

Article tone

formal

Language

English

Language complexity

43

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not offensive

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not hateful

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not detected

Time-value

short-lived

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