Ethereum falls below 3,000 $ as bears break ascending channel support
Ethereum has fallen below 3,000 $ and continues to show weakness, with sellers pushing the cryptocurrency towards critical support levels. The second-largest digital asset by market capitalization is trading below key technical indicators, signaling possible further declines if the bulls fail to defend the 2,880 $ threshold.
What happened: price break
Ethereum has entered a new phase of decline after failing to hold above the 3,000 $ pivot, reflecting Bitcoin's recent weakness.