Is it time to buy back ETH?
ETH is at 2,286 USD – significantly lower than its recent peak, reflecting a cautious sentiment in the market after geopolitical fluctuations and large capital outflows from altcoins.
However, this could be a good opportunity for long-term investors. At this price level, 39,656,443,153 is approaching a strong support zone around 2,200 USD. If it holds this level and BTC does not continue to decline, ETH could recover to the 2,500–2,600 USD range in the short term.
If you are a mid-term to long-term investor, then this is a potential accumulation zone, as long as you manage risk and do not use excessive leverage. ETH remains a cornerstone of DeFi and NFT, and the recovery cycle will come when confidence returns.