ETHUSDT: Next Reaction Most Important Since December 2018

BINANCE:ETHUSDT   Ethereum / TetherUS
The next reaction - not necessarily a single move - will be very likely a defining one for Ethereum .

A reaction on the previous pump to the upside would bring us finally into a zone with way less resistance at $133 USD levels.
The old resistance would act as very strong support and make it more likely to get up further.
At this point, we would NOT YET have a higher high! Keep that in mind in case you would like to call this bear's end.

On the downside however, things are not looking good. If we see a reaction to the downside below $100, we will be back in the double-bottom territory at $80 USD, with the last strong support that we got left.

If the downside at $80 USD gets broken, too, we should see even more strong downside moves, panic sells and the final finally capitulation.

However, I wouldn't bet on an upside reaction that we are back in the bull market as we are still lacking the macro-trend's higher highs. But have a better chance to get there due to less resistance.
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Correction: with NOT YET having a higher high I mean the macro trend's higher high. A local higher high we will get in the scenario above, of course.
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