Ethereum peaked at 3745 and faced pressure to fall back, dipping to a low of 3355, with a drop of 400 points nearly swallowing the entire week's gains.
Currently, the coin price is around 3400, so don't rush to buy the dip; look for a rebound in the 3430-3450 range to short, with a stop at 3470 and a target down at 3360.