ETH, looks to be in the same position as the rest of the market. Looks like after this small pause is complete, we move higher to new recovery highs and peak out for this wave at just below $1000.
The next sell off leg is the 3rd major down leg. Looks to bottom near $500. $450 is my lower bound.
Afterward I forecast the price of ETH and the entire crypto market will stay at sub $1000 levels for more than 1 year to come. Gloom and Doom. Sorry.