Ether is currently at a pivotal point, risking a decline below $1,900 which could trigger significant investor demand. Historical on-chain metrics show strong support in the $1,848–$1,905 range. If it dips below $1,900, we may see capitulation risks increase, revealing thinner demand further down.
Ethereum faces a challenging period as Ether's price drops 40% in three months amid intense competition from other cryptocurrencies, raising questions about its future stability and dominance in the crypto market.