Ethereum has been weak since the end of September and the ETHBTC has been bullish since May. The presenter believes the ETH is still relatively bearish both fundamentally and technically. There is a lot of ETH waiting to be sold and the ETHBTC has dropped. The presenter mentions that ETH lost the uptrend with strength. The first target range is around 4150 and 4150. Ultimately the price will drop a little bit lower to 3800, 3700, maybe 3600 over the course of two weeks. The presenter mentions to look out for Linia.