(Edit) $ETH is showing significant bearish pressure, evidenced by a sharp price decline accompanied by increasing volumes. The control point at 3069 is acting as a key support/resistance area. A further break below this level could pave the way for bearish moves towards 2800. However, a recovery above 3190 on strong volumes could indicate a potential bounce.
Volume Profile TF 1h
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INITIAL BALANCE (3292.68, 3342.7)
OPEN RANGE (3323.6, 3342.7)
POC PRICE 3069
PROFILE RANGE (3064.5, 3338.3)
VALUE AREA (3064, 3193)
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