After yesterdays sell-off there is a decent chance, that we see one final dump to 2600-2700$ next week. ETH failed to hold the monthly open level and couldn't even touch 3.4k, so in general market is still pretty weak. In theory it could go as low as 2500$. In my previous analysis I had ~2700$ in mind for this last leg, but it looked pretty decent after the bounce off of 2.8k but ETH simply could not print a higher high above 3.4k which makes me think we haven't seen the true bottom yet.
Stay safe!
Stay safe!