$ETH is trading under $3,000 at $2,997.

Down nearly -7% today, this is a clear break of psychological support.

What’s happening?

· Broader market pullback hitting altcoins harder

· Bitcoin weakness dragging the whole market down

· Leverage flush – over-leveraged longs getting liquidated

Key level to watch now:

If ETH cannot reclaim $3,000 quickly, the next major support sits around $2,920–$2,950.

This doesn’t mean the trend is broken long-term, but in the short term, momentum is bearish.

If you’re holding, check your positions.

If you’re waiting to buy, let the market find its footing first.

Sometimes the best move is to step back and watch.

Are you buying this ETH dip or staying cautious? 👇

$ETH

ETH
ETH
2,997.31
-0.49%