Ethereum is encountering resistance at the $3,100 level, forming a bearish pattern over the past three days, according to a live analysis session by AiCoin. The session highlights a potential second test of support, with key targets identified at $2,800 and $2,760. A bearish trading strategy is suggested, with resistance expected between $2,900 and $2,950, and support anticipated between $2,800 and $2,750. Traders are advised to watch for a second test of support, which could indicate either a bullish opportunity or further bearish movement below $2,600.