ETH 8 Days in a Row of Lower Highs

ETH leading the way to the downside already hitting lower lows.
This is some of the most bearish comparative action we have seen from ETH in months.
Until we break daily lower highs the bears have absolute complete control and a date with $400 psychological resistance.
From there support is $360, the must hold level on the weekly chart if the bulls want to form a higher low.
Slow bleed for the bulls recently with only a couple news related pops. If you take away the two recent news reactions,
bulls literally have not done a thing in weeks.
Bears continue to feast on the trend and bulls continue to wonder where the bottom is.
The safest play continues to sit all cash if looking bullish and patiently wait as there is no need to nail a bottom to make good money when the momentum finally does shift.