Eth is in a very steep ascending channel within another ascending channel. I believe we may get rejected at the upper end of the larger channel and break below the smaller channel down to the 4k level which was the last major peak in September. if we do reject up there and draw a fib retracement, 4k is the 0.618 fib level. just a thought. 4k would also be the measured move based of the smaller channel from that possible point of break out.
I believe ETH is about to lose a lot of bitcoin value as bitcoin takes the lead to its market cycle peak, and some of the money will get sucked out of eth and into bitcoin, causing this ETH correction.
I believe ETH is about to lose a lot of bitcoin value as bitcoin takes the lead to its market cycle peak, and some of the money will get sucked out of eth and into bitcoin, causing this ETH correction.