Ethereum's bearish momentum continues as the price drops 11% to $2,098, breaching ascending support and resembling a double-top pattern.Market sentiment shifted after Trump's tariff announcement, erasing earlier gains made by Ethereum due to the U.S. Crypto Strategic Reserve news.30,000 ETH was offloaded by whales as DeFi activity weakened, with declining futures open interest and stablecoin liquidity.Analysts warn that for Ethereum to recover, it needs to regain support on a monthly closing basis and the market outlook and fundamentals remain poor.