Looks to me like prices across the market need to stabilize first. Currently, ETHUSD is testing support around $500. It seems possible that price could test even lower (to ~$450), especially if BTCUSD breaks below $7000.
What are your thoughts?
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My thoughts are that btc will break below 7k. Eth is going to 400.
This chart is a couple hours old...price has already bounced up to around $7400. These past swing lows seem to be correlating perfectly with the recent 15% drop that Bitcoin suffered.