Is Ethereum considered a dead investment or not?

Why did the price of Ethereum drop?

The exchange rate behavior of Ethereum doesn't seem to be at its best. However, on December 9, 2024, the price of Ethereum exceeded 4 thousand dollars, and now the digital currency cannot stabilize above 1700 dollars.

Personally, I am still optimistic about a strong comeback but very worried about the recent situation of the currency.

$ETH