🎄 Ethereum's holiday cheer fades as ETH dips 5.6% to $3,340, erasing Santa Claus rally gains. The crypto market cap dropped to $3.29M amid low trading volumes during the festive break. Futures open interest also fell, signaling reduced demand. 📉

Yet, there's a silver lining! DeFi Llama reports a 5.5% rise in Ethereum's DeFi TVL, while active addresses hit 927K. The MVRV score hints at potential undervaluation. Will ETH break bearish patterns or rebound? Share your thoughts below! 💬