Just an update. I am NOT planning on shorting, and I am not particularly bearish. I recognize if BTC trades higher, so will ETH, but I am more willing to place my bets on BTC right now because I am generally more cautious right now. If things go south, I will likely lose less invested in BTC as opposed to Ether. So this is not a sell recommendation per se, if anything it is a buy at the 540 level. This is more of a I see very little clarity to be long here. I could be misreading the chart - it wouldn't be the first time.