The close above 3D basis resistance in ETH suggests a retest of that level once again once CPI data is digested. However market rallied below 3D support without getting to weekly support, therefore currently the market is in a bearish position on a weekly basis.
Trade active
⋅
The market continues to grind lower as expected along with the price of BTC.
Trade active
⋅
Rejection of previous support which is now a resistance. FED's decision today and expecting a major move to the downside.