Ethereum's recent volatility has intensified, with prices dropping over 36% in the past month to $1,760. Fundstrat's Tom Lee predicts a V-shaped recovery, citing Ethereum's historical pattern of sharp declines followed by rapid rebounds. Since 2018, Ethereum has experienced eight significant drawdowns, each followed by a full recovery. Lee believes the current downturn is nearing its bottom, supported by BitMine analyst Tom DeMark's assessment that Ethereum may need to revisit $1,890 to form a "perfected bottom." Despite the market's weakness, BitMine, chaired by Lee, has purchased $83 million worth of Ethereum, signaling confidence in a rebound. Meanwhile, Trend Research, led by Jack Yi, has exited its Ethereum positions, realizing significant losses. Lee advises investors to view the current decline as an opportunity rather than a reason to sell.