đ $ETH Below $3,000 â This Is a Warning, Not a Dip
Ethereum slipping under $3,000 isnât just another red candle. With price hovering around $2,940, the market is sending a signal â and itâs not a comfortable one.
For weeks, $3K acted as a psychological anchor. It wasnât just support on the chart; it was confidence. Once that level gave way, sentiment shifted, and thatâs usually where traders start making emotional decisions.
This phase is dangerous.
Some rush to buy every small bounce, convincing themselves the recovery has started. Others jump into shorts late, only to get squeezed on minor rebounds. Neither approach works well in uncertainty.
đ Key Context:
As long as $ETH remains below $3,000, upside moves should be treated with caution. These bounces donât automatically signal strength â they often represent the market testing patience and discipline.
đ Level to Watch:
The $2,850 zone is critical. Thatâs where real demand must show up. A solid reaction there could stabilize price. Failure, however, would suggest the sell-off is still unfolding.
đ Bias Shift Condition:
If ETH reclaims $3,000 decisively and holds it, the narrative changes fast. Iâd flip bullish without overthinking it. Until that happens, waiting is not weakness â itâs strategy.
đĄ Big Picture:
Ethereum rarely crashes in one dramatic move. More often, it grinds lower slowly, draining conviction while traders debate direction.
So the real question isnât where ETH goes next â
Itâs how you manage yourself while it decides.
Are you stepping in early⊠or letting price come to you?
đđ
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