If we look at coinmarketcap we see that the current price of Bitcoin is at $5623.65 with $93 500 137 705 Volume. From the view of volume we see that Ether is currently at price $340.59 with a $32 399 320 332 Volume.. So ETH is at 1/3 in volume vs Bitcoin. Basically ETH would be at 20000$ price range. Or Bitcoin is overpriced a lot.
With such levels I see more potential to the downside. Jump in before the US Consumer Confidence this afternoon. I see potential around 1887 level for a new turn long. Still I won't go long there and wait for a new short position. This beast can return to the 640 level after all. Enjoy and keep believing ;)