„The recent drop is so strong that some kind of reversal and a pull-back is needed but the overall long-term sentiment remains negative and the ETH should be much weaker in the next few months. „
Back in that day, one ETH costed 260 USD. Now, the price is on the 175 USD and we are 5% lower than yesterday. What about this correction part? That was a masterpiece! Straight after those words were written, ETH went higher touching 318 USD. Crypto entered the correction stage and drew a pennant (blue lines). Pennant obviously resulted with the breakout of the lower line of this pattern and here we are..on the long-term lows.