<ul><li>Ethereum price is at a critical support level, retesting the zone between $1,700 and $1,800.</li><li>If prices crack below $1,700, Ethereum could drop to $1,500, extending losses.</li><li>ETH liquidations have spiked, with over $73 million of liquidations in the last 24 hours.</li><li>Despite concerns, some analysts believe Ethereum is undergoing a painful transformation and will benefit from developments such as rollups and support from heavyweights like World Liberty Financial.</li></ul>

Will Ethereum Price Extend Losses Below 2024 Lows to $1,500?

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