i believe eth could make a massive drop to the downside. it had a very good upswing but is no facing a lot of resistance on the upside of the previous high. Also ethereum likes to test areas again. so on the downside we have a untested area where the whole run began. also the volume is declining
If you look for confluence, i believe bitcoin just made a big short squeeze and the gap at 7290 on the CME futures gap wants to be filled, after we probably will go down. Than is ethereum a great short opportunity, because such a run is not sustainable. I think if you ladder some shorts than you can have great returns.
Great to see someone like-minded at last ;)