$ETH Ethereum (ETH) is currently trading around $1,596, showing slight upward movement within a narrow range between $1,538 and $1,613. This consolidation hints at a possible major price move ahead. Analysts warn that a $1,000 swing in ETH’s price could trigger over $6 billion in leveraged liquidations, suggesting high volatility potential. Additionally, U.S. spot Ether ETFs have seen a 60% drop in net assets, reflecting declining institutional interest. Renowned trader Peter Brandt even predicts a fall to $800 based on technical patterns. Meanwhile, Ethereum faces growing competition from faster, cheaper alternatives like Solana and Cardano. With development delays and rising pressure, ETH’s next move could be critical in shaping its future in the evolving crypto landscape.