Ethereum is recently more bullish than Bitcoin, and everything is currently falling. Whether this wave can hold up depends on whether it produces a lower low. Previously, during the consolidation, each time it formed a higher high and a higher low. Once it falls and produces a lower low, it likely means the trend has changed. Then chasing shorts with a stop-loss will still have a very high risk-reward value. So the next strategy is to trade around the previous low point. There are two setups: 1) Go long a bit from the previous low point with a slightly larger stop-loss; 2) If it breaks below the previous low, directly chase the short with a stop-loss placed above the low point. I personally prefer the second one—make a plan. ZEC short position, crude oil short position
Still holding. This wave has to be able to take a bigger move.