Ether's price dipped to $3,337 on Dec. 26, wiping out recent gains amid a 4% Bitcoin drop and $34 million in ETH liquidations. Despite this, Ether derivatives maintain a neutral to bullish outlook, hinting at a potential rise to $4,000. In China, stablecoins like USDT are trading at parity with the US dollar, indicating stable market sentiment.

Ether's derivatives market remains unfazed by price struggles, with futures trading at an 11% premium. Ethereum's total value locked (TVL) holds steady, suggesting resilience. Investors are cautious due to global economic concerns and a strong US dollar, but optimism for Ether persists.