Ethereum in Consolidation, Downward Pressure Still evident!

The Bulls and the Bears have been fighting it out for a few days now in a large consolidation pattern! Downward pressure is still evident.

I believe there are two likely scenarios to play out:

Scenario 1: Push to the upper resistance line with multiple attempts to break resistance. Then large move to the downside.

Scenario 2: Capitulation of the Bulls leading to large downward movement to bottom resistance

After this I think we will see if our longer term bull run will continue

Disclaimer: I am not a financial advisor and this not financial advice. Please do your own due diligence when making trades