Ethereum is currently in the third wave of a downward trend on the 4-hour chart. If it continues to drop, we first look at the previous low of 3540 from this morning. If it stabilizes, there may be a small rebound or sideways movement at the bottom. If it does not stabilize and breaks down, we will look at around 3475 and 3300.
The support levels below are significant and represent major support levels. In any case, everyone should set stop-loss orders properly; if you don't manage your stop-losses well, you are essentially giving money to the market. The market is always there, but capital is not always available!
