Ethereum has fallen below the $2,200 level, deepening pressure across the crypto market as momentum continues to weaken. With the decline, ETH now sits roughly 130% away from reclaiming its all-time high, highlighting how far the asset remains from peak cycle valuations. The drop comes amid rising volatility, ETF outflows, and broader uncertainty surrounding institutional demand. While long-term believers continue to view Ethereum as a core part of the digital asset ecosystem, short-term sentiment has clearly shifted toward caution. Markets are now watching whether key support levels can hold or if another wave of selling pressure is beginning to build.

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