Ethereum is stuck within a channel that it simply wont be able to break. I don't believe it will be seeing the 300s soon, however when its prices capitulates down to the mid to low 400s, that may be a great entry point for a swing trade. It may also want to follow the waves I charted and go sideways for sometime. Looking at the Head and shoulders reversal, we should be going down lower however. How low, nobody knows.
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