Recently, the market has experienced severe fluctuations, with significant spike phenomena.

Ethereum shows a bearish arrangement on the 15-minute chart; is it going to drop to around 3050 again?

This spike situation has occurred for 3 consecutive days, and 3000 is an important support level. Under these circumstances, altcoins are greatly impacted, and investors are suffering.

It is better to be cautious and observe for now. You can consider a small position around 3050 based on specific conditions. If there is an upward trend, take profit promptly and act decisively.

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