Ethereum recorded a 15% weekly drop and 30% monthly drop.
Trading analysts predict that Ether could experience further price declines.
ETH spot ETFs saw significant outflows, with BlackRock's ETF recording a net outflow of $11.82 million and Fidelity's ETF recording a $9.75 million outflow.
Renowned market analyst Ali Martinez warns of a potential Ethereum price crash, with an important support level identified at $1,887.