dump is not over, almost all crypto is going to get somewhat of a reset and rightfully so, especially the stupid memecoins, thats almost the dumbest thing thats ever happened in financial history.
May take a few months but we'll be down to $700-200 in eth price, quite the range there but honestly not trying to pinpoint a bottom until its clearer at the time, for now all I know is that the markets will continue down for sometime, no point investing right now, accumulate fiat and invest 6 months from now, maybe a year from now.
something to keep in mind, every key breakout was after 3 months or more of consolidation so we're pretty far away from a bottom IMO.
As I've highlighted above on the Eth chart, 2 x 1 month candles closed below the last support and then rejected top side, from there its down until next support levels.
Goodluck everyone, dont let your bias get you rekt.