Ethereum
Short

$ETH to $3000-3100 before new lows?

407
Everyone is extremely bullish on ETH (and crypto in general), but the charts tell a different story. While many people will think the low is in (Feb 3 spike), I think we still have another larger fall to come over the next few weeks.

I could see the possibility of a move up to the resistance at $3000-$3100, but then after that, I'd set tight stops, as I think we're in for new lows. We're likely to see the bottom supports get tagged.

$1200-878 are likely, and in the extreme case, it's also possible to see $693.

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