The rounded tops indicated in the chart are indicative of a bearish sentiment. Unless some huge buyers come in, it may be inevitable we will hit the next lower level, SOON. As long as we trade under the 50 DMA the overall sentiment is extremely Bearish. The short interest in HUGE and with no solid interest in ETH at these levels -- lower prices seem to be in store. I have made small purchases under $200 as I stated in a previous post. They will squeeze this at some point and it will run. If I can scalp 20+ percent, I consider that a good day!
Good luck
Good luck