1) ETH previously kicked off an uptrend around 1700 to make new all time highs. Great! 2) Price went into a range, stopped making new highs, and consolidated. 3) Unfortunately, the range expanded to the downside and we can likely expect some continuation. FILUSD kicked off the crypto dump last night, as seen in the related idea.
I'm not a fan of shorting crypto that has gained a billion %, but I took profits here. If you like to short, here's your chance.
Stats are from 1/1/2020 to current using ~2% risk.