Updated thoughts on ETH Im not sure if the Top cap value for the ETHBTC pair is accurate, it may only correspond to ETHUSD Using the ETHUSD chart where it is valid I have placed a target at 8K, i believe it will be fulfilled You can see how the curved white line (Middle line) is descending upon the major trendline and is forming a rising wedge in the process This formation 'rising wedge' is considered bearish in the books See if it holds up or the bullish rising wedge is born