Ethereum technical analysis predicting higher lows, potential 30% drop to $2000 support level.

pretty nice all right looks pretty nice so eath I'm honestly not expecting a lower low even if Bitcoin makes a lower low I don't think eath will make a lower low and so if if eath is going to make a higher low right now I would have to expect it to if it's gonna be a big drop like if we see Bitcoin with a 20% drop then we could see eath with more of a 30% drop okay and that's probably gonna take us back down toward the high volume note of the macro range going all the way back to January 2021 that's a beautiful setup there because we're back testing this support right it also gives us the good old-fashioned shoulder head shoulder we get to fill the fair value gap on the weekly and then eventually make our way up towards the next resistance which is going to be around the $4,000 ethereum level and I don't like the look of the red dot on the weekly red dots on the weekly don't do good for eath guys you know let's look at the red dots on the weekly in the past you know right here red dot on the weekly first one of the bear market resulted in a 22% drop the second one of the bear market resulted in a 29% drop we had one up here in January 2024 that was when the Bitcoin ETF went live that resulted in about a 20% drop so even the small drops are pretty significant the smallest drop was about 20% if eath comes