Ethereum is at a really interesting place right now. We are approaching the previous bottom as well as the 200EMA where price can bounce. Price has respected the 200EMA for over a year and we could see another rejection of the 200EMA very soon.
We will be waiting for the descending trendline to break to take this up. First targets $2900 with stops below the lows.
they might be a continuation of downtrend at 2160 which is a good supply zone , looking at higher time frames sell is most likely to occur . IMO , let the market decide we ride .