Ether (ETH) price declined by over 5% in the last 24 hours to around $1,900 on March 28.
Several factors contributing to ETH price losses include Trump's tariff tensions, massive long liquidations in the crypto market, and bearish technicals.
Trump's 25% automotive tariffs have spooked ETH investors, potentially triggering a sell-off in cryptocurrencies and pushing prices lower.
Over $97 million worth of ETH positions were liquidated in the past 24 hours, accelerating the downtrend in ETH price.