Ethereum Price Drops Below $1,500: Why is the Second-Largest Crypto Falling?

Ethereum (ETH) has experienced a notable price decline, falling below the crucial $1,500 support level. This dip, triggered by a combination of factors, suggests a potential for further downside in the near future. 3 key factors explain this recent drop: technical indicators, weak ETF demand, and declining network activity. Analyzing these aspects reveals potential risks and market trends.