Etherum Price drops below $ 2,100 for the first time in 15 months

Etherum fell under $ 2,100, hit the lowest level since December 2023. As a Trump tariff refers to the star market.

The cryptocurrency has been reduced by 15% in the last 24 hours, trading $ 2.063, according to Crypto.News price data. The fall follows a short rally after Donald Trump 2. Marta announces American strategic reserves Cripto, which briefly pushed ETH above $ 2,500.

However, Trump confirms that fresh tariffs in China, Canada and Mexico effect in force, 4. Marta caused a market feeling to move, raises concerns about the broader economic instability.

The announcement was caused by Etherum’s (El) The price for falls, falls below the level before the pump of about $ 2190. The decentralized finance activity and the Etherum Futures market talk about Ethereum declining swing. Open interest in ETH Futures fell by 10% in the last day, according to Koinglas data.

Defi TVl, on the other hand, is at the lowest, decreases with $ 71 billion from 4. January. From 1. March. From 1. Marta, in the amount of $ 109 million in Stablecoin outflows, indicating liquidity reduction, as shown by defiles data.

Etherum whales seem to be cut and to their farm. LookConchain reported a significant transaction in which 30,000 ethereema, about $ 68 million, took over in Falconk and Galaxy Digital 4. March from the wallet associated with Genesis.

Etherum shows a higher risk of a technical front. The RSI is approaching the cover in 34, suggesting reduced purchase pressure. The mast average show a strong trend, and ETI trading below key levels such as 10-day EMA to 2,338 USD and 50-day SMA to $ 2,852.

Although the oscillators show conflict indications, negative momentum and MACD reading imply that the rough feeling is growing. The closest support is $ 2,069, and resilience to $ 2,163 and $ 2,321, it can reach more drops In the coming days if a bear trend still exists.

Some impending events could give a turning point. Etherum Pettra upgradeThe scalability and commitment of flexibility will be strengthened since April, which is possible to attract more network activities. Investors also keep a close eye at the first cripto-in the White House Summit 7. Marta, who can provide additional details on Trump plans for his crypt strategic reserve.