We haven't even broken the 0.23 retracement level from the ATH to the low. Once we break this level I can start to see a reason for bullish sentiment. Also keep in mind that the MS is still mixed as well, the last low was a lower low. Long term I am bullish for ETH but don't get caught up in the hype and zoom out.
Comment:
Now that we've reached the 0.236 the question becomes will we break out of accumulation or descend back into the pit of consolidation. Find out next time on Dragon Ball E