ETH price hits $3.4K, but pro traders are not bullish yet: Here’s why

Market Intelligence Analysis

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Why This Matters

The Ethereum price has cooled down from its recent rally, with traders citing US macroeconomic factors, reduced DApps activity, and falling fees as reasons for their caution.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

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ETH price cooled down from its recent rally as US macroeconomic factors, reduced DApps activity and falling fees impact traders’ use of Ether derivatives.

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Original article published by Unknown on January 17, 2026.
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