Looks like ETH is in a descending triangle (bearish continuation) pattern and getting squeezed on the daily chart.
We could be looking at a 30% drop below current support to 100% retracement levels at 0.05 providing a great entry point for a long position. Wait for a clear bearish candle below support to confirm first move.
I'm predicting a breakdown in the next day or two followed by a strong bounce for an extended bull run back up to retest ATH within 1.5 - 2 weeks.