Friends watching ETH today, take note: I’m seeing a signal here—a death cross on the daily chart, the first time since February.

My personal trading plan: consider entering a short position in the 3128 to 3133 range, set the stop loss above 3168, and target around 3036 first.

From a technical perspective, if this really turns bearish, there’s theoretically about 20% pullback potential. Of course, this is just my personal observation; the actual movement will depend on how the market plays out.