Analysis: ETH nears death cross as price drops to $2,375

Ethereum (ETH) briefly fell over 5% to $2,375 on Feb. 25, approaching a "death cross" as its 50-day simple moving average (SMA) nears a crossover below the 200-day SMA—a signal of potential bearish momentum, CoinDesk reported. Other major tokens, including BNB, SOL, DOGE and LINK, are also trading below their 200-day SMAs, reinforcing negative sentiment. Meanwhile, BTC, XRP, TRON, ADA and XLM remain above this key level.