ETH is expected to stay within this tight triangle for a bit. I'm expecting ETH to be unable to break the top of the triangle without retesting the lows one more time. Downward momentum was too strong but sufficient momentum was created to fight the toward force. We might have a bottom here so I'm turning bullish at this point but expecting to watch over the next few days carefully.
My plan is to rebalance at the top of the triangle to optimize towards the crypto that holds well in a down wave and then at the bottom to rebalance towards those cryptos that perform well on an upwave. Always bullish on crypto overall unless there are reasons not to be ;-)
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