Looking at the ETHUSD chart on the daily time frame, we see that the price is still under pressure and that we did not manage to climb above $ 3650 yesterday. Today we have a further price drop to the current $ 3456. Below us, the first support is the 50-day moving average to $ 3350, the next below the support is in the 20-day moving average. For a further bearish scenario, we need a break below these moving averages, and then we can expect the price to drop to a psychological level of $ 3,000.