[Analysis by supply, demand and RSI
The massive purchase of the throne could mean a temporary decline in value and a sharp explosion in price in the ensuing. Stop limit about 0.016, strong support area.
maybe it will need some massive crash to fully recover
if btc will give a dip in range 7200 - 7600 usd, it is posisble to see something similar among the eth usd pair. Just an idea, not financial advice.
just prediction, speculation
correction right in model ratio: 0.886 ; 1.13 - and it will land on the trendline. Expected 12k usd. If SHS will fail, return to 7250 seems to be very likely.