https://www.tradingview.com/x/mqlKRn9e/I think the fall of ETH is not over yet, there will be a lower price, I will temporarily consider closing the short position at the price position that falls to around 200 next time.
I would not be surprised as well to see it fall more than it is now, and there could be a possibility of actually getting to see a double bottom or even going lower as the case may be.
Nothing is guaranteed at the moment, and it seems the bearish pressure is still there across board in the whole market and the possibility of actually seeing this market go bearish than it is now is something we may still end up seeing. It is hard to tell at the moment though, but I guess we just have to wait and see how Ethereum market is going to play out here.