Good morning☀️

#Ethereumcould not hold on to the $3,500 support and fell below the support.

Long liquidations in the $3,500 region were cleared, but this liquidity was not enough for a return. Currently, long liquidations in the $3,000-$2,800 range seem intense.

The $3,000-$2,800 range was already an important S/R flip support that we have been following for a long time. The price may fall to this support in order to collect sufficient liquidity. It would be good to be careful as long as the $3,500 region is not regained.

There has been no return on the S&P and Nasdaq side yet. In order to be able to say that we have clearly returned on the crypto side, we need to get approval from the global side.

Due to the hawkish FED speech, being on the last trading day of the week and the approaching New Year's holiday, profit sales can be considered normal.

The main trend on the Bitcoin side still remains positive. For Ethereum and altcoins, we need to see the $3,500 region regained.

Since the data is changing rapidly, I will update frequently during this process, friends. I wish everyone a nice day and good earnings.