Let's be honest, this drop in Ethereum is insane. It's been a long time since I've seen such a spectacular waterfall. After the peak at 3940 on the 28th, they deliberately induced a pump to give folks the feeling it was going to hit 4000. In the end, there was such a big reversal. The market manipulators are playing with human nature. Now that the situation has reached this point, even the dogs are getting anxious, with several big spikes in a day. If you ask me, at this point, playing tricks with double acts has lost its meaning. The overall direction is still as you guessed, it’s going to fall. But every small rally is just to prepare for better selling. Nothing else to say, let's get real.
Short near Ethereum 3718-3748, position to be adjusted in the comments section.
First level target 3658-3688.
Second level target 3598-3628. Structure level: 3458.
