Just caught a Standard Chartered note on ETH and it's pretty interesting. They're saying Ethereum could dip to around $1,400 before things turn around - that's another 30% down from current levels at $2.26K. Brutal, but they're still bullish long-term, predicting we could see $4,000 by year-end and $40K by 2030. The reasoning makes sense too. Stablecoin adoption keeps growing, and about half of all stablecoins are built on Ethereum. As more traditional finance players move onto the blockchain and payments go on-chain, ETH's utility should drive real demand. The Fusaka upgrade helping Layer 2 scaling is another positive. That said, near-term pain looks real. Fed rate cuts aren't coming soon, ETF holdings are underwater, and trading volumes are thin. But if regulatory clarity actually happens with bills like the Clarity Act, that could be the catalyst to flip sentiment. Not financial advice obviously, but the long-term thesis seems solid even if we're gonna see more red first.