ETH has shown some bullish signals (MA cross, upwards momentum)
But it has lacked the strenght to continue this uptrend towards $200, this is because until BTC starts a bullrun the rest of the altcoins won't be able to gather enough momentum to truly start a bullrun of their own.
This can only mean that ETH is losing upwards momentum and will start a downtrend towards the previous $80 support, withouth the steam of Crypto Bullrun with BTC as a leader ETH has not enough steam to continue climbing and will only fall in the short term.
But it has lacked the strenght to continue this uptrend towards $200, this is because until BTC starts a bullrun the rest of the altcoins won't be able to gather enough momentum to truly start a bullrun of their own.
This can only mean that ETH is losing upwards momentum and will start a downtrend towards the previous $80 support, withouth the steam of Crypto Bullrun with BTC as a leader ETH has not enough steam to continue climbing and will only fall in the short term.