$ETH

ETH has dropped quite sharply this time, falling directly by more than 200 dollars, nearly hitting 2978 at its lowest point. The short-term support at 3000 has already been breached once. Now the rebound looks as if it hasn't eaten, soft and weak, with no volume at all.

To be honest, I feel there's a high probability that we will see another wave of accelerated decline. Once 3000 truly can't hold, the next support will be around 2880-2850, which means another drop of about 4-5%.

Let's first see if this strong support at 3000 can hold; if it stabilizes around here and even recovers with volume, there might still be hope for the short term; but if it breaks through directly, basically don't hesitate, as the downward space will open up again.

Currently, it's as simple as "either hold 3000 and turn around, or continue to bleed."