$ETH Recently, ETH has plummeted, causing turmoil in the cryptocurrency circle. From the data, the price has dropped significantly in a short period, leading to severe asset shrinkage for many investors, with the amount of liquidated contracts being frighteningly high. Behind this, the unstable macroeconomic situation and the uncertain direction of the Federal Reserve's monetary policy have lowered investors' risk appetite; at the same time, the overall cryptocurrency market is sluggish, compounded by Ethereum's own delayed upgrade progress and network congestion issues, all of which have put tremendous downward pressure on ETH prices.