Currently, Ethereum faces short-term resistance at $3000, with strong resistance at $3300, but the long-term trend remains bullish.

The risk-reward ratio for going long at high levels is not favorable. Yesterday, we observed that the 2930 point was touched twice and both times it rose, but the rebound strength was not sufficient. Originally, 2938 was our entry point to go short, but unexpectedly it tested support twice in the short term.

I prefer a deeper pullback; otherwise, the upside potential for going long may be limited. A wave-like increase is healthier. #ETH