Ethereum doom to failure? Short-term vs mid-termEthereum / TetherCOINBASE:ETHUSDTMasterAnandaEther is trading red now three consecutive days. Doom or boom? Since 6-February we have two retraces on ETHUSDT both being followed by higher prices. The first retrace lasted 16 days while the second one lasted 13 days. The most recent peak was $2,464 on 17-April, a double-top with 16-March. This means ETH has been dropping already for 12 days but there is no significant change in its price. Seeing the previous retraces lasting around 2 weeks, a similar duration can be taken as the current move already reaching its end. When the market is bearish and a top appears, a decline tends to unravel really fast. Just a few days at first are slow then we see a high increase in bearish momentum, this isn't happening lately. 12 days and Ether remains strong. Current price action is leading me to believe that the current pause might be short-lived. Regardless of the duration and the depth of the current move, the market continues bullish pointing to higher prices soon, very soon, very close. The smaller altcoins continue to move higher and this is only possible because Bitcoin and Ether will continue to grow. Hold strong. The market continues bullish. Buy and accumulate, it is still early. Namaste.