The falling wedge seen on the weekly and lack of strength indicates we may still have lower to go.. much overhead resistance means we need more momentum and money flow to break up above falling EMA's on the upswing.
Its been a turbulent past few days with the bears! Check out the Manipulation/Liquidation wick on the Kraken chart for ether. It can be seen on as low as one minute time frame. Lots of positions taken in under one minute. Do you trust Kraken or is this whale activity?