<ul><li>The Ethereum price dropped after almost $1.5 billion worth of ETH tokens were drained from the ByBit exchange.</li><li>Recent on-chain data suggests that Ethereum's price could still reach $4,000 in this cycle.</li><li>The taker buy/sell ratio of Ethereum has shown a bullish divergence, indicating a potential upward trend.</li><li>If history repeats, Ethereum could rally over 60% from its current price towards the $4,000 mark.</li></ul>

Ethereum Price Could Still Reclaim $4,000 Based On This Bullish Divergence

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