The decline below 9180 in the futures (GDAX is yet to follow suit) hints that wave ((a)) has located a top and that wave ((b)) down has started. Still want to see GDAX below 9139.27 to gain confidence in the near-term bearish outlook. A solid break below the lower boundary of the price channel will strengthen the case. If correct, the market should have no business above 9948.12 (9840 in the futures).
Keep your eye on the ball!!!