After that news that china is putting restrictions on banks dealing with crypto we saw a sell off in the crypto market, but only a few coins have recovered and broken above previous high and seeing buy pressure. The prefect example of this is ETH/USD as we can see price temporarily broke below previous high but is seeing buy pressure come back on and is now breaking above, but bitcoin is struggling to see buy pressure. This shows that investors are preferring Ethereum over bitcoin as they can make bigger returns and the price is more appealing. What we will be waiting for is an exhaustion back to this level and entry conformation to place a trade to our next level of major sell pressure.