Ethereum Price Briefly Dips Below $2,900 Amid Increased Selling Pressure

The evidence overwhelmingly supports the truthfulness of the statement. There is direct, high-quality confirmation from a primary source, the MEXC crypto exchange, which explicitly states that the price of ETH fell below $2,900. This is corroborated by a social media post from a crypto analyst who, while noting the rarity of the event, confirms that Ethereum's price has indeed spent time below the $2,900 level. Furthermore, the presence of three top-tier, authoritative primary sources for historical price data (CME Group, CoinGecko, and TradingView) strongly implies that this price movement is a verifiable event recorded in institutional-grade financial data. There is no contradictory evidence presented. The sources that do not confirm the statement are either irrelevant or conditional. Several sources (from KuCoin, TradingView Ideas, and Bitverse) discuss hypothetical scenarios of what *would* happen *if* the price fell below $2,900, but they do not comment on whether it actually happened. Other sources were dismissed due to irrelevance (providing data for the wrong trading pair) or questionable data quality. The convergence of direct confirmation and the availability of high-authority verification sources makes the statement highly likely to be true.