Ethereum price shows sideways trades, settling near 663.12 level, and we are still waiting to break this level to confirm rallying towards our next target at 565.54, as the negative effect of the bearish pennant still valid, reinforcing the expectations to decline.
Therefore, we are waiting for negative trades in the upcoming sessions conditioned by the price stability below 772.27.
Expected trading range for today is between 630.00 support and 730.00 resistance
Expected trend for today: Bearish