Crypto界网消息，Bit Digital CEO Sam Tabar posted on X platform stating that the recent pullback in Ethereum's price is more like a "value reset." After a significant increase in market leverage, the market quickly re-evaluated, leaving clear signs of liquidation during the sell-off, and both bullish and bearish pressures amplified volatility. Now that the market has stabilized, Ethereum's price has returned to a structural support range of $1,800 to $2,100. Currently, Ethereum's fundamentals have not undergone any substantial changes: stablecoin settlements remain active, Rollup still anchors to the mainnet, and in programmable settlement scenarios that require institutional risk review, Ethereum remains the preferred choice. Market bottoms are usually only confirmed in hindsight, but this event demonstrates how leverage can rapidly distort market trends, while Ethereum's long-term value and fundamentals remain solid.