Ethereum is currently in a critical position. If it falls further, it will reach the consolidation range from a month ago. This position is also the support tested after the accelerated rise that broke through at the end of November.
It has already declined twice in a bearish manner. If support turns into resistance, it won't be favorable for the market's development. Pay attention to the range of 3050-3150 below and 3400-3550 above.
