ETH 1H This wide channel downtrend pattern can theoretically be traded with high shorts and low longs, but in reality, it's clearly a bear market right now. The rebound is very weak, so shorting the rebound is the most reasonable strategy. This morning, it was expected to pull back to two-thirds, around 3060, but it didn’t hit. Entered after the evening open, but honestly, the risk-reward ratio isn’t great anymore. Still, experience tells me this trade is worth taking.