Ethereum is currently trying to hold in the $1,800-$1,900 support zone. Indicators like the RSI are at oversold levels, suggesting potential for a short-term recovery.

🔹The crypto winter is affecting the crypto market in general. Bitcoin's similar declines have led to decreased risk appetite. Macroeconomic factors (interest rates, inflation, geopolitical tensions – for example, the Israel-Iran conflict in the Middle East) are among the main drivers.
There is no specific breakdown in Ethereum; network activity, DeFi usage, and fundamental indicators (on-chain data) remain relatively strong. However, new address creation has weakened recently with a 36% decrease, and holder retention has fallen to its lowest level in 4.5 years.
ETF outflows and general selling pressure continue.
🔹Ethereum is currently an asset in the shadow of Bitcoin, experiencing a deep correction. Although its fundamentals are still strong (it's the main DeFi platform and a leader in smart contracts), volatility is high and risky in the short term. While investors are looking for a dip buying opportunity, many experts are warning, "Be patient, it could go lower." The market may determine its direction with the close of trading in March.
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