Ether’s chance of trading below $1,500 rose as derivatives traders exited the market and Bitcoin and altcoins slumped toward new lows.

Ethereum drops 5% over the last 24 hours, testing critical $1,800 support as weak US demand and ETF outflows weigh on ETH price.

Ethereum just crashed below $2,000 and is now trading near $1,841. Prediction markets put a 71% chance on a price drop to $1,500—here's why.