Ether's price fell over 5% to $2,380 on May 19, along with the broader cryptocurrency market.Long liquidations were seen with ETH's price drop, with over $255 million worth of ETH positions liquidated in the last 24 hours.The US credit rating downgrade by Moody’s triggered market uncertainty, leading to higher Treasury yields and a 'risk-off' sentiment.ETH price lost key support levels, with focus now on the $2,330 to $2,274 range for potential retracement before a possible rally.