The sharp drop in the price of Ethereum ($ETH) has sparked a wave of discussions among investors and analysts. In just a few days, the ETH rate has lost over 15% of its value, breaking through important support levels. The reasons lie not only in market volatility but also in the increasing regulatory pressure, concerns about network scalability, and the outflow of capital towards stablecoins and Bitcoin.

A significant number of traders are closing long positions, which only deepens the negative momentum. To this is added the decrease in activity of DeFi projects, some of which are transferring liquidity to other blockchains. Despite technological updates, the market reacts emotionally, and so far this is not playing in favor of ETH.

However, some investors see the drop as an opportunity for long-term entry, believing in the resilience of the Ethereum ecosystem. Right now, maintaining the psychological level and the market's further reaction will be key.