Hello Dear Traders, with btc dump ,eth also dumped along with and we seen strong buying area near 530$. ETH is closely following BTC , every small btc move is very much impacting on eth. 572-576$ is now newly formed supply zone. on weekly timeframe eth is becoming very bearish with btc . whenever price will test again 545-550 , for shorterm target of 580$ , we can consider LONG Position. this weekly candle closing is very important for ETH.