If we break below this yellow box we can grab the gap on $56k-$54k area (worst case is $52k in my opinion). I'm still short term bearish unless we break $64k for a good sign of reversal.
I see a lot of people ultra bearish ETHBTC here & in my opinion that doesn't make a whole lot of sense. This bleed & chop has been brutal, but I think we're getting close to a bottom.
Contextually where we are at within the broader crypto cycle, we are more closely aligned with…
