ETHUSDT

Ethereum began a new decrease under $3,000 and $2,975 support level 1.

The price is now trading below $3,100 and the 100 hourly EMA.

There is a key bearish pattern line forming with obstruction near $3,246 on the hourly chart of ETH/USD

The pair could a steady recovery wave if there is a close above $3,000 in the near term