This is the last pullback before the midterm elections! The first three times Ethereum reached $2,600 and $2,800, it pulled back to between $2,100 and $2,200. But its starting point was lower in those first three instances, whereas this time it started higher. Bitcoin is also at a higher price, so you can't use those first three instances as a reference. This time, the consolidation has lasted longer and the lows are higher, so Ethereum's most extreme downside would be somewhere between $2,250 and $2,450. That's already the most extreme scenario, and it might not even fall that far. What are the big players trying to do now? They want people who are already in the market to get out, while keeping those who missed the move from getting in. So they won't push the price too low; at most, it'll hover around the lows and wear you down over and over. Altcoins probably won't fall much, since they've already finished dropping ahead of Ethereum. So altcoin holders, don't worry. But if you're long on Ethereum and your liquidation price is relatively high, you can reduce your position a little. Later on, you could consider taking a 5% swing trade to make it back. You also need to adjust your futures positions as needed. Whatever you do, don't buy or sell recklessly.