If we look at the log scale, it seems that we reached the deeps of Ethereum: -67% from january highs. Last time we got - 68% drawdown in june 2017 on COINBASE:ETHUSD
, so we must be there. It's also possible that we will experience a short move deeper in the 400 support zone
and than new bullish trend
will begin. In alternative we will continue slipping slowly further and deeper.