Ether (ETH) experienced a 10% drop to $3,567 on March 15, causing $126 million in forced liquidations within ETH futures. This decline has investors questioning the recent bullish trend and the possibility of revisiting the $4,090 level seen on March 12. Ether's downturn mirrored drops in Bitcoin (BTC) and the wider crypto market, as well as traditional financial assets like the S&P 500 index. Despite the current volatility, Ether's 57% year-to-date rise in 2024 shows strong confidence. Analysis of ETH futures and options markets indicates that the bull market remains unshaken, with indicators pointing towards continued health.