Ethereum is showing signs of recovery as bulls attempt to reclaim critical price levels and reverse the bearish trend.The ETH/BTC ratio is at its lowest volatility level in over two years, which historically precedes sharp directional moves.Ethereum is struggling below $1,900 amid global market volatility and uncertainty, with concerns about its near-term outlook.Technical indicators suggest Ethereum is in a critical zone, with the next sessions pivotal in determining its recovery or potential downtrend.