$ETH had a strong liquidity movement right at the end of last week which now seems to be cooling down.

A little early to talk about it, but the gameplan is simple — we look for a proper MSB to form, which would switch the trend again, and we are expecting to see a further decline from here.

On the bigger picture it is clear that further downside is coming, so what we need is a market structure break and we are good for a short setup here.