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I took a quick look at the market, and it seems like ETH will probably continue to move downward tonight.
Around 3 PM, Ethereum hit the 3350 level. I mentioned in the group that it might be time to consider taking profits. Luckily, I didn't say it too late — this rebound didn't have much strength, and after hitting resistance, it started to pull back.
It looks like if it can't hold this level, the 3000 mark might be tested again. Market sentiment remains cautious, and there are no signs of bullish momentum picking up. In the short term, we might see more sideways movement and consolidation. Everyone should be cautious with their positions.