Ethereum (ETH) has plunged below its realized price, indicating market capitulation.The realized price is a fundamental measure of investor psychology, showing the average cost at which all ETH last moved on-chain.When ETH goes below its realized price, it can trigger panic selling and subsequent strong recoveries as investors accumulate for future rallies.Ethereum's short-term outlook remains bearish, with a 16.7% decrease this week and sentiment reflecting fear.