The 3000 level is of great significance for Ethereum. Last week's analysis pointed out that once this level is broken, there is a high possibility of further decline to around 2600. Currently, the price has already fallen below 2700. Based on this trend, the previous analysis targets can be quickly validated. This wave of market movement is worth close attention, especially to see how the support around 2600 performs, as it directly determines the strength of the subsequent rebound.