#ETH This morning's ETH movement was explosive — it plummeted directly from 3040 to 2805, over two hundred points just vanished. If you happened to take a long order just above 3000, it must be quite tough for you now, right?
First, let's look at the technical situation: The 1-hour MACD has already crossed dead, the white line is below the 0 axis, and the green bars have turned into red bars while still increasing in volume, which clearly indicates that the bears are dominating the rhythm. The resistance level has now moved down to 2970, and the key support to watch is at 2875, but if