Prominent economist Peter Schiff has expressed concern about Ethereum’s future, predicting a potential decline in value. He cites recent market trends and technical analysis as evidence for his prediction, indicating that the cryptocurrency could plummet to the $1,000 mark. This comes after Ethereum saw a 20% price drop recently, suggesting significant selling pressure might be looming. His forecast is supported by the coin’s recent dip below the $1,500 threshold, marking the first time in two years that Ethereum has traded below this level. This signals possible instability within the market, prompting both technical and fundamental analysts to question Ethereum’s future stability.