Ethereum’s chances of reaching 5,000 USD: According to Derive, Ethereum’s likelihood of hitting 5,000 USD has dropped from 16% to just over 8%. Currently trading at 3,661 USD, ETH requires a 37% price increase to hit the 5,000 USD mark.

ETF inflows spark trader Optimism: This week, 305 million USD in inflows to Ethereum ETFs reflects significant institutional interest. Despite cautious forecasts, traders remain engaged, indicating a potential recovery in ETH prices as the year approaches its end.