Eth has fallen to the bottom of the channel that was created in the last run a month or two back. Eth has fallen harmoniously with BTC in order to regain steam. A passive breakout of the falling rectangle is the most possible event. We must also wait for BTC reaction and pullback to have clearer insight too long. Right now shorting seems to be something to consider but not recommended as this sort of movement is typical before a continued run. Do your own research and wait for daily close.