Bitcoin will not be discussed tonight; Ethereum's recent surge is expected to face another significant drop this evening.
The resistance at 3100 cannot be reclaimed, while strong support lies around 2870.
Bulls are expected to stabilize, and a second dip is anticipated later in the night. The strategy revolves around:
Shorting at 3060-3070, targeting around 2900, and paying attention to the bottom at 2900-2870 for a medium-term long position.
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