Ethereum Slips Below $2,000 to $1,977 as Monthly Trendline Faces Key Test

Ethereum fell under $2,000 on May 28, 2026, tagging $1,977 and showing -12.41% on the monthly candle, -4.6% over 24 hours, and -7.7% across the week. Despite the dip, the monthly ascending trendline running through the $1,900–$2,000 zone remains unbroken, while ETH trades between the SMA50 at $2,414 and the SMA100 at $1,741.