Ethereum (ETH) has recently experienced a significant price correction exceeding 10% since reaching its New Year highs. The price has fallen below the critical support level of $3,300. Despite this pullback, many analysts maintain a positive outlook for ETH’s performance in the first quarter, hinting that new price highs could be imminent. As market dynamics continue to shift, traders are advised to stay vigilant and adapt their strategies to capitalize on potential rebounds in Ethereum’s price. This reinforces the importance of being informed and agile in the fast-paced cryptocurrency environment.