Ethereum also fell; Buyers have the power to support the price?

Technically, ETH has made lower lows and highs over the past three days, indicating a coinuation of the dowrend. Multiple attempts by the price to return to the 3,100 range have also failed and this range has become the main resistance of Ethereum.

If ETH fails to bounce back above the $2,900 level, there is the poteial for sharp volatility and an even deeper correction. Now maiaining the $2,800 range is also very importa and can determine whether buyers still have enough strength to preve further declines!