The persistent market slump has not yet allowed Ethereum to fully stabilize after this decline. There is still a possibility of further dips, and it can only be said that the downtrend has slightly stabilized in the short term.
One can observe for another day or two for bottom-fishing opportunities.
Intra-day operation position is to short around 3080-3140, with a stop-loss of 50 points. Long positions can be entered around 2960, ensuring to manage defense according to position size.
