Ethereum price (ETHUSD) shows more bearish bias to settle below 3132.80$ again, reinforcing the expectations of continuing the correctional bearish trend, which its next target located at 2905.30$.
Moving below the EMA50 supports the continuation of the suggested bearish wave, while breaching 3132.80$ will stop the expected decline and lead the price to attempt to regain the main bullish trend again.
Bearish