ETH/USD Completed ABC Correction Last Night
Ether most likely completed an ABC correction last night taking price down to $268.02 which is $17.74 above the $250.28 yearly low made a week ago (Coinbase). In the bigger picture, that ABC is either the B wave of an ABC upward correction that is taking price around $360 before continuing the downward trend that started last May, or it is the 2 wave of 12345 that's the start of a new upward trend.