I have nothing meaningful to say.
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If it goes above the red parallel channel it will most likely set a new ATH, in that case don't even bother shorting it.
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I'd say 3-4 days to see if my theory is correct.
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Till it breaks lower trendline this dump doesnt mean jack.
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ETH looks more bullish than BTC, but overall picture is still weak. Too many rejections at 2800 $. That rejection on 4th of June was last chance for extremely bullish breakout and then another one came 3 days after.
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Closed short with 30 % in green
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ETH chart looks like shit and I'm not gonna be trading it again.
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I touched my trendline so I'm shorting it again.
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stopped out