Seems like we are having a bit of a pump today and price of ETH has gone back above 3.2k. The BIG question is that ... is this a bullish trend ?? or just a fake pump ?
My personal opinions are its a short term pump and best to jump out of trades if you are in. We may see the downtrend continue on for awhile.
Why ??? Looking US Interest rates and inflation .. there could most likely be an adjustment very very soon.
However those are just my opinions and mine alone. I think we would only see a nice push towards FEB . Not financial advise and trade safely.