Ethereum Price Falls to Its Lowest Opening in Over a Week as Market Drops Ahead of Fed

Ethereum opened April 28 at $2,303.33 — its weakest morning in over a week — sliding about 2.8% from Monday and trading down to $2,278.56 by 07:10 AM ET as stalled US‑Iran ceasefire talks and a rebound in Brent crude above $104/bbl drove a broader risk‑off move ahead of the FOMC meeting. Bitcoin also eased (~1.6%), reflecting cross‑market pressure. Technically, ETH is testing a $2,250–$2,300 support band with the 50‑day EMA at $2,322 and an RSI near 35, leaving the token vulnerable to a deeper pullback toward $2,150 if macro headlines or a hawkish Fed tilt persist. The FOMC statement will likely be the next major catalyst determining whether ETH reclaims short‑term bullish levels or extends the correction.