Well, I think that correction is not over yet. ETH is very bearish right now.
A correction usually has three waves, ABC. Wave A has at least the measure of wave C. And C has not yet reached that minimum measure.
So, I expect more correction, a correction that would be given by another Bitcoin drop, mostly.
Targets are the two green boxes. I think ETH could test 200EMA on the daily candles.
THIS IS NOT A BUY/SELL SIGNAL, I'M ONLY SHARING MY THOUGHTS
-Do always your own research before trade-