It looks like eth has formed a small head and shoulders pattern, and on a longer time frame looks like an ascending wedge which both has a bearish tendency. Bitcoin on the yearly chart appears to me to be in an overbought condition and is meeting resistance nearing its OTH. Since the market tends to follow BTC, I would not be surprised if the market pulled back into a short term correction. But, I'm waiting to see a rally into new highs as well. Only time will tell.