I see at least 4 valid reasons to short etherum/USD here. smart money doesn't open longs on price going up. it is definitely retail got "Hopium" and longing. I see ethereum below $80 from here. we first go to lower border of triangle and then as triangle breakdown - go more
We are in a clear downtrend is for sure but I am thinking before that we need go up a little bit to get "fomo" longs and rekt them later to fuel up our dump
We broke down the triangle and now going down to test the next support which is almost touches lower wall of parallel channel