Bitcoin may have bottomed, but Ethereum price suggests otherwise for these reasons

ETH price briefly falls below $1,000 as venture capitalist firm Three Arrows contributes to a 33-million sell-off.Ethereum price has yet to breach the Elliott Wave trend channel.A breach at $366.80 will invalidate the bullish macro count.Ethereum price lures the everyday investor to implement a dollar-cost average investing strategy. The invalidation level for Ethereum price, however, is still wide and less favorable than Bitcoins'.Ethereum price will be tough to manageEthereum price is in the middle of two complex scenarios which will yield a level of unpredictability for the future smart contract's token. Institutional players have been scalping Ethereum with multi-million dollar positions. Venture capitalist firm Three Arrows Capital swung a 33 million dollar Ethereum position during the 3rd weekend of June. The firm was able to capitalize on an arbitrage imbalance as the market value between Ethereum fell below the staked Ethereum on the Curve DAO's Liquidity pool.