Over the last 30 days, ETH peaked at $3,448 on December 13 but has since retraced, finding support around $2,900-$2,920. Recent lows hit $2,886 on December 26, but we’ve seen a mild rebound. A break below $2,880 could accelerate downside to $2,800 or even $2,500 (a prior swing low from mid-December). Conversely, holding $2,900 opens the door for a bounce toward $3,000-$3,050.