---
title: "3 reasons why Ethereum is stuck below $3,900"
url: https://diffcoin.com/3-reasons-why-ethereum-is-stuck-below-3900/
description: "Factors include uncertainty in the spot Ethereum ETF launch, high ETF futures open interest, and stagnant Ethereum network usage. Source link"
published: 2024-05-30
updated: 2024-05-30
author: "Mila"
site: "Diffcoin"
---

# 3 reasons why Ethereum is stuck below $3,900

Factors include uncertainty in the spot Ethereum ETF launch, high ETF futures open interest, and stagnant Ethereum network usage.

[Source link](https://cointelegraph.com/news/3-reasons-why-ethereum-is-stuck-below-3900)