Recently, Ethereum's performance can be described as somewhat "emotionally exhausting." The price has plunged, decisively breaking below the significant threshold of $2,550, leading many ETH holders to start checking their wallets and questioning life.

Why did it drop? Simply put, the bulls are "outnumbered," and the bears took the opportunity to counterattack, successfully pushing the price below key resistance levels, now creating significant pressure. If the lost ground is not quickly regained, ETH may continue to plunge further.

Currently, market sentiment is not optimistic, and traders are watching the next support point, hoping ETH doesn't continue to "free fall." If buying interest doesn't strengthen soon, then below $2,500 may become the new "home."

However, don't be too pessimistic; one classic saying in the crypto world is: after a major drop, often comes... continued fluctuations (don't expect too much). Of course, when the day comes that ETH suddenly "recovers," we can all shout together, "The bull is back!"