Today marks the third day, and we're witnessing Ethereum's break unfolding before us. Behind the scenes, a support level is forming just inches away from a significant bearish candle, a concerning sight. The next four hours will hold immense importance for the market.

The current breach of the $3000 support level, if not recovered within 45 minutes, could potentially drive the market down to $2910. However, the safe zone remains distant at $3065, with the first resistance needed at $3030. Yet, achieving this resistance seems challenging as the market is currently experiencing a breakdown.

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