I have an idea,but maybe it's soon to make a count on it.
Don't want to open this idea but it seems we made a big Cup an Handle here with odd Handle.in theory handle low is somewhere around 1/3 of cup but as you see in my fib we are way more than that and i think we don't reach the bottom of it yet.
At this time all market depends on BTC moves and really can't judge any asset without looking at btc.
maybe if market did not moved by btc we had a Cute Cup and Handle here but for know all things turn Confusing.
I have many bearish signs on ETH but really don't want to give it time now and loose my focus on BTC.
If i find a sign about this theory i will update it.
Good Luck