$ETH faced rejection from the upper region yesterday. It seems like it will continue to consolidate for a while. As long as we can’t break out of this area, it won’t give us relief. The wedge has tightened significantly, and by next week, it should determine its direction.
We also have the $BTC dominance (BTC.D) factor. It keeps testing a resistance level. If it gets rejected from that resistance this week, the market could breathe a little.