Despite facing legal actions by the SEC, Ethereum has maintained its support level at $1,800 and has seen a 53% increase since the beginning of the year. Its chart suggests a potential rise in the near future, and it is unlikely to face delisting like other layer-one utility tokens.

The introduction of staking withdrawals has resulted in a decrease in circulating ETH and a rise in staking, which could lead to a price increase in the coming months. However, traders may want to consider diversifying into other altcoins during this period of regulatory scrutiny and economic uncertainty.