๐จ Analyst warns #Ethereum could collapse after failing to hold key level.
๐ก Trader Rekt Capital says #Ethereum in "complicated spot" after rejection from $3,956 resistance.
๐ #Ethereum needs to hold $3,342 level to avoid dip to $2,700, according to analyst.
๐ผ Even if $ETH drops, trader remains long-term bullish on #Ethereum.
๐ฐ Reclaiming support at $3,342 crucial for uptrend continuation.
๐น #Ethereum currently trading at $3,340, down over 4% in last 24 hours.
Source: Rekt Capital/Altcoin Newsletter