1. A Giant head n Shoulder has formed. The price has fallen to this year lows, If we don't see a pick up in volume for ETH then we may retest lower support levels. I hope we dont see that but right now the crypto market is endlessly being attacked by authorities.
2. I wouldnt be shorting ETH simply because its my top 3 favorite coins out there. On a technical basis we could be making a bottom soon, time will only tell my guess is by the end of this month (post FOMC) we will bottom out.
Best of fortune to you all !
LULU