Ethereum Price Prediction: Analyst Warns of Deeper Correction as ETH Sees Highest Long Liquidations Since June

Ethereum (ETH) price has dropped below $2,600 amid a surge in long liquidations to the highest level since June. Analysts are now warning of a steeper correction as ETH price tests a crucial support level after the recent dip. Ethereum is down 5.67% today, October 7, to trade at $2,555 at the time of writing.