Ethereum price faces more negative pressure to break 170.76 and moves below it now, which urges caution from the upcoming trades, as holding below it will put the price under more negative pressure to visit 154.00 level initially, while trading above it again is required to reactivate the bullish trend scenario.
Therefore, we prefer staying aside temporarily until the price confirms the daily candlestick close according to 170.76.
The expected trading range for today is between 160.00 support and 190.00 resistance
The expected trend for today: Bullish