The CME gap in BTC is at roughly 25k (a 30% drop from where it currently is). If ETH follows it its gonna play out something like this in my mind - The 30% drop is also the target should we break this triangle to the downside.
If we hit this level we'll bounce of it with some force and return to the current price range pretty quickly. For now I'm keeping an eye on it until there is a confirmation of the breakout.
If we hit this level we'll bounce of it with some force and return to the current price range pretty quickly. For now I'm keeping an eye on it until there is a confirmation of the breakout.