Overview
- ETH fell through the $3,000 level to a low of $2,955 before a modest bounce, with recent trades near $2,967 per CoinGecko.
- The one-month decline stands at about 23.4% as price holds below the 100-hour simple moving average with a weakening MACD and sub‑50 RSI.
- A bearish trend line caps rebounds near $3,150, with additional resistance noted at $3,260 and $3,350 on retracements.
- Key supports are flagged at $2,950 and $2,880, and technicians warn of potential downside targets near $2,750 and $2,680 if those levels fail.
- Structurally, ETH remains above the 200‑week moving average as the 50‑week average acts as resistance, and accumulation-address holdings have grown from about 10 million to over 27 million in 2025.