Etherium just did a -61% correction to the fib 0.618 zone and bounced up 60%! Here, in the 6H, it met resistance at the lower 55EMA threshold (blue line), signaling that it will NOT make a move to break the ATH ($4.3k), before making a lower-low first.
Therefore, ETH may be in an ABC consolidation.
Look for possible support ~$2.1K. A bounce here could go as high...
