From a long term view ETH has also a smashed through some very important points of support on the and then fully broke out.
ETH is losing support quickly. Every green candle since the breakout has had less and less behind it. ETH is definitively going to retest 165, I believe this could happen in the next six hours.
I'm actively trading this.
Bulls just failed a retest of the 62% mark.
Expecting more down. I entered positions between 177-178