The market is dominated by a pattern of ETH bears. After 3300 there is a lot of room to crash down. According to Fibonacci figures, it has passed 50% and come close to 38%. Most likely the ETH market will come close to 3000.
If the ETH market does not fall all at once, there is a chance that the previous resistance test will gradually decline.
But, this will not be valid if the 3700 price breaks down and the price moves upwards.
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