Ethereum slides under $3,000 as bears target a break below $2,880

Ethereum retreated after rejection near $3,000, turning short‑term momentum bearish. ETH is trading below $2,980 and the 100‑hour SMA, with a rising channel break on the hourly ETH/USD chart; losing $2,880 could intensify downside. Resistance sits at $2,980, $3,000 and $3,050, while supports are noted at $2,880 and $2,845.