Dont really dont know what happen to Ethereum recently but what i do know is the chart is very ugly and seems 2 bearish pattern already break out from it's pattern (Inverted Cup & Handle and Descending Triangle) .
There's a downtrend line since January 2018 and as long it's below the red down trend line, i consider this is a bearish trend until the price action manage to broke the red down trendline with bullish momentum. If the bearish trend is keep continue please click at the chart for support/resistance detail.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion,
and please feel free to share what your thought on comment section.
peace.