It looks like we will be seeing some more downside on ETH. We broke out of the to the downside, the next will be $380 to $360 level. If we see a good bounce with a lot of buy at these levels it may signal a bottom, if the bounce is small with low we will be looking to hit solid support at the $300 to $330 Level. Any buying here is very risky as there is no sign of a bottom, until we start seeing reversal signals I personally am staying in cash.
Have a great day!