📉 $ETH Below $3,000 — This Is a Warning, Not a Dip
Ethereum slipping under $3,000 isn’t just another red candle. With price hovering around $2,940, the market is sending a signal — and it’s not a comfortable one.
For weeks, $3K acted as a psychological anchor. It wasn’t just support on the chart; it was confidence. Once that level gave way, sentiment shifted, and that’s 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.
🔍 Key Context:
As long as $ETH remains below $3,000, upside moves should be treated with caution. These bounces don’t automatically signal strength — they often represent the market testing patience and discipline.
📊 Level to Watch:
The $2,850 zone is critical. That’s where real demand must show up. A solid reaction there could stabilize price. Failure, however, would suggest the sell-off is still unfolding.
🔁 Bias Shift Condition:
If ETH reclaims $3,000 decisively and holds it, the narrative changes fast. I’d flip bullish without overthinking it. Until that happens, waiting is not weakness — it’s strategy.
💡 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 isn’t where ETH goes next —
It’s how you manage yourself while it decides.
Are you stepping in early… or letting price come to you?
📉📈
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