Ethereum Price Forecast: ETH May Revisit $3,400 as Whale Activity Diminishes and ETF Excitement Wanes

Ethereum Price Movement: Ethereum (ETH) has fallen below the $4,000 support level, with analysts predicting potential targets of $3,500 or lower if it fails to hold the $3,750–$3,800 range. The market's current sentiment is cautious, influenced by declining ETF flows and open interest.

ETF Flows and Market Sentiment: Recent ETF activity has shown significant outflows, particularly from Fidelity and Grayscale, which has weakened bullish sentiment for Ethereum. A strong daily close above $4,000 is necessary to indicate a return of demand.

Remittix (RTX) Overview: Amidst Ethereum's volatility, Remittix (RTX) is gaining attention as a PayFi token focused on crypto-to-bank payments and live FX conversion, with a CertiK verification and active beta wallet for cross-border transfers.

Investment Strategy: Investors are encouraged to monitor Remittix alongside Ethereum, as its utility in real-world applications may provide a viable alternative for those looking to balance risk in the current market environment.