According to Milk Road (@MilkRoadDaily), traders who entered Ethereum (ETH) positions at the $3500 level are currently under market pressure, as recent price movements have seen ETH trade below this threshold. This key support-turned-resistance level has become a focus for short-term traders and swing traders, with many watching for signs of a recovery to break even. The current market sentiment and trading volumes suggest increased volatility around the $3500 mark, making it a critical price point for risk management and stop-loss strategies. Source: Milk Road (@MilkRoadDaily), June 19, 2025.