$ETH As of today, April 8, 2025, ETH is around $1,570-$1,580, recovering slightly after a sharp drop yesterday to its lowest in over two years. It's up ~4.5% in the last 24 hours but still down significantly on the week (~-13-16%), month (~-27-28%), and year (~-53-57%).

Yesterday's drop was linked to DeFi liquidations. Bearish technical analysis suggests potential for further decline (towards $1,600 or even lower). ETH ETFs have seen significant outflows. Market sentiment is cautious, with some analysts noting a lack of strong buying interest.

While there's a bounce today, the overall situation for ETH remains uncertain with potential for continued volatility. Traders are watching key levels and market sentiment closely.