After reaching the support level of $2870-$3030 , #Ethereum price grew by more than 30% and was able to easily exit the bullish flag.
The price started to decrease yesterday following the news of the approval of #Ether ETFs like #Bitcoin ETFs . the days who followed BTC approval price dropped around 17%, probably in this case it could be more.
if price of ethereum breaks below yesterday's daily candle low, a move down to $2650 should be anticipated. the market would likely consolidate until mid-June.
