$ETH Daily Market Analysis

Three minutes left before the daily close and the price closed strongly below the 3250 zone. The current bearish target is the 2870 region.

The current price is in the middle band of this range and support appears weak. Therefore, there is a high probability that the price will fall back to the 2870 region, i.e. the lower end of the range.

Moreover, since the indicators have not yet entered the oversold zone, there is a high probability that the decline will continue. Therefore, avoid buying the dip right now.

#ETH