The price of Ethereum is facing downward pressure, with $3,000 being a critical level to watch. This is according to a recent report from NewsBTC. The cryptocurrency market has been volatile in recent weeks, with Ethereum experiencing fluctuations in its price. The $3,000 level is seen as a key point of support, and if it is breached, it could lead to further downside for Ethereum. Investors and traders are closely monitoring the price action of Ethereum to see if it can hold above this critical level. The overall sentiment in the market remains uncertain, with many factors contributing to the price movements of Ethereum. It will be interesting to see how Ethereum performs in the coming days and whether it can break above the $3,000 level.