Ethereum has fallen another 3%, dropping below the key $3,500 level and signaling a shift to a more bearish short-term trend. After breaking its upward channel from April, ETH has struggled to regain momentum, with each rally meeting selling pressure.
However, for savvy investors, this dip may represent opportunity rather than disaster. The token recently found a temporary bottom near $3,050, suggesting potential stability. In crypto’s volatile world, these pullbacks often create ideal entry points before the next upward move.
For young traders building their portfolios, market dips like this can be strategic moments to accumulate assets at discounted prices. History shows that patience during temporary downturns typically rewards those who understand crypto’s long-term potential.