As we enter capitulation phase, I expect prices to be able to reach as low as the last launch platform formed before december. My 2 buy points are if we cross the upper trend line or if we reach the next important support.
Comment:
Eth has reached a zone of support. I am now waiting to see if we will see some signs of reversal at these levels before doing anything. If we break here I expect eth to deflate like a balloon. Time will tell but right now my confidence in the crypto world is low so I am really not in a rush to do anything even though we reached an important level.