The good news is that $ETH has escaped the nearly 3-month long downtrend structure, and is forming a bullish structure on the D frame. If today's D candle continues to close below 2650, it is very likely that it will return to test the 2400 support again. If $ETH cannot hold on to the 2400 support level. It is very likely that it will form a bearish structure again. The next support levels are 2100-1900-1800-1300. Hopefully this correction of $BTC is not too deep to give the opportunity for top coins like ETH to continue to increase in price.
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