Dont really dont know what happen to Ethereum recently but what i do know is the chart is very ugly and seems 2 bearish pattern already break out from it's pattern (Inverted Cup & Handle and Descending Triangle).
There's a downtrend line since January 2018 and as long it's below the red down trend line, i consider this is a bearish trend until the price action manage to broke the red down trendline with bullish momentum.