I'm sure it's been pointed out already but Ethereum is in the process of forming a classic double top pattern. The pattern is NOT formed until a close below 1900, though. There's a chance Ethereum finds support above 1900, consolidates and then blasts off again.
The next few weeks will be critical especially if BTC breaks down further and drops firmly below 30k.
If there is a break below $1900 then expect an drop that would take us near $800. I doubt it stays there for long if it does. Panic sell-offs are always a possibility so it's at least worth a consdieration.
The next few weeks will be critical especially if BTC breaks down further and drops firmly below 30k.
If there is a break below $1900 then expect an drop that would take us near $800. I doubt it stays there for long if it does. Panic sell-offs are always a possibility so it's at least worth a consdieration.
