On Sunday, ETH swept its all time high. It then proceeded to sell off from that point and fill the inneficiency from the "Powell Candle" that was created last Friday. The 4H trend has been very strong since the start of July. ETH has basically been up only and did not test these levels once during a near 100%+ rally. We now have the 4H 200MA/EMA catching up quickly and corresponding with what's the range low of this area. I think this could be a good level to watch in case ETH does decide to test that support again at some point. Alternatively, a break and hold above ~5K should be the green light for a proper price discovery phase. Higher timeframe structure still bullish until ~4K is lost.(Daan Crypto Trades)