Ethereum's price dropped below $4,000, triggered by $19 billion in liquidations linked to US-China trade tensions and derivatives unwinding. The cryptocurrency fell from $4,300 to $3,400 before partially recovering. Despite the downturn, analysts like Mark Newton and Tom Lee predict a potential rebound, with Ethereum possibly reaching $5,500. Institutional interest remains strong, as exchange supply hits its lowest since 2016, drawing parallels to previous market sell-offs in 2020 and 2021, suggesting a technical recovery could be on the horizon.