$ETH at 2,940 is not a small move.
It's a message.
3,000 wasn't just a number. It was confidence. And ETH just lost it.
Now this is where mistakes happen. People buy every small bounce hoping it goes back. Others short too late and get trapped.
As long as ETH stays below 3,000, every bounce is suspect. This is not strength. It's the market checking who's emotional.
I'm watching 2,850 closely. That's where ETH either finds real buyers or shows that this drop isn't done yet.
If ETH reclaims 3,000 clean, I'll flip my bias without hesitation. Until then, patience beats prediction.
ETH doesn't dump loudly.
It bleeds while traders argue.
So what are you doing here? Buying the the dip or waiting lower?
PS: Always DYOR
