$ETH

Ethereum (ETH) follows Bitcoin and temporarily dropped to $1800, causing a wave of liquidations and panic among traders. However, such corrections have occurred before and have always been accompanied by a rapid recovery.

📉 Reasons for the decline:

— Overall market decline due to the drop in Bitcoin.

— High volatility amid macroeconomic factors.

— Profit-taking by major players.

📈 Why is Ethereum ready for growth?

— Historically strong support level around $1800.

— Accumulation of large positions by institutional investors.

— Anticipated news about network updates and the growth of DeFi.