Ethereum will continue its downwards correction towards the lower range of this channel. Target key pivot area around $160. Place your stop above current swing high to manage risk on this trade. A second target would be the bottom of the range.
Were you lucky enough to cover your short in a reasonable time? You were close a day before at $175 but it was beyond oversold at that point, RSI lowest of the year, bounced of 100MA and ripped the faces off the shorts. We should see $320 test soon.