Ethereum Price Forecast: ETH risks a decline to $1,000 amid selling pressure from DeFi liquidations

Ethereum (ETH) suffered a more than 27% crash within the past 48 hours, briefly dropping to a two-year low of $1,410 before recovering the $1,500 level on Monday. The decline, per Coinglass data, sparked $257. 87 million in liquidations across ETH's derivatives market during the period. source: https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-eth-risks-a-decline-to-1-000-amid-selling-pressure-from-defi-liquidations-202504080149