Ethereum recently faced a notable dip below the $3,000 mark, a support level held since November 2024. Currently trading around $2,645, ETH has experienced a slight drop of 3% in the last 24 hours. Despite this dip, there are signs of recovery as whales and institutional investors show increased interest in buying ETH. This trend indicates a potential turnaround for Ethereum, suggesting that it may regain strength soon. Investors are closely watching these developments. Market dynamics could shift rapidly, highlighting the importance of ongoing analysis and strategic investment decisions.