Hello traders, Ethereum is in a very interesting position, here I have mapped out a bullish and bearish scenario for Ethereum. I'm personally still bearish and expect a huge drop to $1,900. The only hope for bulls right now is the bullish parallel channel that started forming, which is visible on the chart. I would NOT be surprised if we get a mini bull rally to $3,600 and then head to $1,900. Good traders pinpoint possible scenarios that can occur and ride the wave when the waves hit you!