ETH Expectations in a Rocky Market

Recently, Ethereum (ETH) took a hit, dropping over 4% as part of a wider crypto downturn, largely because of forced liquidations. Some analysts are saying the current decline is more about leverage in the market rather than any fundamental issues. Everyone's got their eyes peeled for the upcoming inflation reports and any moves from the Fed. On another note, Standard Chartered raised its ETH price prediction for the end of the year to $7,500, pointing to increased stablecoin activity on Ethereum and potential regulatory boosts from the GENIUS Act. This seems to indicate that major players are anticipating higher demand for ETH, partly because of how stablecoins are integrated into its ecosystem. So, do you think ETH can hold up under pressure, or do you reckon it’ll crack first when things get tough?