ETH looks very heavy and the bounce that it managed to pull off from 34 weeks WMA (white) is very weak and if the WMA doesn't hold and the market closes below $220 on 4H basis the fall may continue all the way down to $50. There obviously will be intermediary stops and bounces on the way. One of which is obvious - 89 weeks WMA currently @ $109.
https://www.mql5.com/en/charts/7622703/ethusd-h4-simplefx-ltd
Addon: Finally, we have a strong reaction @ $200 round number that should change the technical picture.