Ethereum (ETH) is down nearly 9% over the past seven days and continues to trade below the $3,000 mark—a level it hasn’t reclaimed since February 1. Recent technical indicators suggest that bearish momentum is building, with trend strength weakening and selling pressure intensifying. Momentum oscillators like the RSI have pulled back sharply, while key resistance levels continue to hold firm against upward attempts. As ETH struggles to regain ground, traders are watching closely to see whether support levels will hold or if further downside is imminent
source: https://beincrypto.com/ethereum-price-slides-bearish-pressure-intensifies/