#MarketSentimentWatch Recent market sentiment for Ethereum is influenced by:

1. **Bybit Hack**: A $1.5 billion hack on Bybit caused an 8% drop in Ethereum's price.

2. **Pectra Upgrade**: Optimism around the upcoming April upgrade has created a bullish outlook.

3. **Technical Setup**: Ethereum's price shows resilience above $2,700, with potential upward movement.