Ethereum will be on the verge of a cliff soon!

Updated
Hi everyone,
The most anticipated event on crypto just happened a few days ago, but the price didn't reflect that. As you see on the chart, there is one important trendline; if Ethereum breaks that trendline, a ~66% drop will be on the horizon. This drop will lead ETH price to 1.272-1.414 fib level territory, which is between ~$569 and $406.
I think the price will find the bear market cycle bottom there.

Please hit the boost button if you agree and tell me what you think.
Thanks.
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ETHEthereum (Cryptocurrency)ETHUSDETHUSDTSupport and ResistanceTrend Analysis

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