**Ether Price Drop Sparks Buying Opportunity Amid ETF Anticipation**

Ether (ETH) has dipped to $3,209, down 7.68% in the past 24 hours, according to CoinMarketCap. Crypto trader Sheldon The Sniper suggests this price drop puts Ether in a "buy" zone, specifically below $3,300. He predicts Ether could hit $4,000 in the next week or two.

The recent decline follows the debut of Ether ETFs, which saw $107 million in net inflows but also led to $42.53 million in short position liquidations. Analysts like Michael van de Pope foresee significant price action from ETF inflows, potentially doubling Ether's price to $7,000-$7,500. However, short-term volatility is expected.