Ethereum breaks trend support, drops to $2,100

Ethereum slips to $2,100 after breaking support. Consolidates above $2,100; recovery needs a move back over $2,200.

Ethereum dropped from $2,385 to $2,100, losing the $2,250–$2,200 area, per NewsBTC.

Price broke below a bullish trend line at $2,160 on the hourly chart and trades under the 100-hour SMA, per NewsBTC.

Upside levels to watch: $2,165 initial, then $2,200 and the 100-hour SMA. Above $2,240 (50% Fib of $2,385–$2,100), targets sit at $2,275, $2,320, and $2,385, per NewsBTC.

If $2,200 fails, support sits at $2,120 and $2,100. Below $2,100, sellers may test $2,060, $2,020, and $2,000, per NewsBTC.

Indicators: hourly MACD loses bearish momentum; RSI remains below 50, per NewsBTC.

The move mirrored Bitcoin weakness, as BTC cooled near $70k, per NewsBTC.

Headline: Ethereum drops to $2,100; recovery hinges on $2,200 reclaim