$ETH

Not gonna lie, ETH appears quite bearish.

It has breached the 4-hour trendline and fallen below the 3470 zone, now testing it for a potential reclamation.

If ETH fails to reclaim the 3470 zone, indicating continued weakness, we may witness a further price decline.

In such a scenario, the next significant support level to watch for is around 3300.

Monitoring these key levels closely will provide valuable insights into the short-term direction of Ethereum's price movement.

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