Ethereum (ETH) and other major cryptocurrencies see significant price drops in the past 24 hours.
CryptoQuant CEO emphasizes potential positive factors for ETH, including stablecoin market dominance, potential regulatory shifts, and increasing whale accumulation.
Other voices in the crypto community challenge the bearish sentiment, citing institutional and political signals favoring Ethereum.
Crypto analyst suggests a buy zone for ETH above $2,400, while historical perspective points to mid-bull reset rather than a full-blown bear market.