The crypto market has experienced significant losses in February, with Bitcoin and Ethereum both dropping in value. Ethereum fell below $2,500 after a $1.5 billion hack on Bybit allegedly led by North Korea's Lazarus group. Analysts warn that Ethereum may sink even lower, potentially dropping below $1,000, before any substantial recovery. The Federal Reserve's stance on quantitative easing is also influencing Ethereum's outlook, as no signs indicate an injection of liquidity into the markets. However, if the Fed changes its monetary policy and reintroduces stimulus measures, Ethereum could rebound significantly. Some analysts believe Ethereum is currently oversold and may see a potential rebound. Although Ethereum is under pressure, if it holds above $2,000, there is a possibility of recovery to the $3,500-$4,000 range.



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