Ethereum is trading at $3,928.31, down 2.11% daily and 13.50% weekly, reflecting strong bearish pressure. This decline follows a sharp ETF outflow of $251.2 million, including $158.1 million from Fidelity. Market conditions remain unstable, as Ethereum trades below the +1.0σ MVRV band at $4,841 and far under the +1.5σ level at $5,884. The realized price stands at $2,436.94, with deeper support at the −1.0σ band of $1,711.