Ethereum price begins to press on the key support 116.50 now, waiting to break this level to confirm the continuation of the bearish trend on the intraday and short term basis, reminding you that our next target is located at 100.00.
The bearish channel continues to organize the suggested bearish wave, which its continuation conditions holding below 137.24.
Expected trading range for today is between 100.00 support and 120.00 resistance
Expected trend for today: Bearish