The Internet reported that on February 11, Citibank's latest report pointed out that the price of Ethereum (ETH) has fallen by more than 20% this year, but its fundamentals are improving. Total value lock-in (TVL) on the Ethereum network has increased significantly, while the Ethereum ETF continues to attract capital inflows, reaching US$3.2 billion since its launch in July. In addition, the popularity of related searches is also rising. Despite recent fluctuations in user activity, Citi analysts said that Ethereum's fundamentals are not entirely pessimistic. The report also mentioned that former U.S. President Trump's World Liberty Financial holds more than $200 million in ether, which may be seen as an additional incentive for the United States to strengthen its support for the crypto industry. At the same time, Ethereum's weak performance is consistent with the rise in Bitcoin's dominance rate, which has now risen to a multi-year high of more than 60%.