<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDcvMDE5ODYwODQtZWJmZi03NTUxLTkxN2UtZjRhOTM1OTg1Mjc3.jpg" alt="Ethereum derivatives show no momentum, raising doubts over $4K rally"></p><p>Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist.</p>