<ul><li>Ethereum dropped 3.05% to $2,476 after being rejected at the $2,700 level two days ago.</li><li>Spot market data shows 113.1K ETH sold versus only 90K ETH bought in the past day.</li><li>Whale activity turned negative with large holders selling 188.6K ETH in one day.</li><li>The $2,800 level presents major resistance due to a cluster of investor cost basis levels. Technical indicators show bearish momentum with tightening Bollinger Bands and MACD crossover.</li></ul>

Ethereum (ETH) Price: Drops 3.05% to $2,476 Following $2,700 Rejection

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