Ethereum Dives To $2,700 As 10% Drop Tests Key Support And Bearish Trend Line

Ethereum slid from resistance near $3,050, losing about 10% and falling to a low around $2,680 while trading below $2,800 and the 100-hour Simple Moving Average. Sellers now cap price under a bearish trend line at $2,820, with downside levels at $2,700, $2,680 and potentially $2,620 if support fails. A recovery above $2,820 and $2,860 could open the way for a move back toward $2,900 and the $3,000–$3,050 resistance band.