Ethereum price begins today’s trading with clear bearish bias to break 199.10 and settles below it, which stops the recently suggested correctional bullish scenario and press the price to resume the main bearish trend, targeting heading towards 167.32 level as a next main station.
Therefore, the bearish bias will be suggested unless breaching 199.10 level and holding above it again.
Expected trading range for today is between 180.00 support and 205.00 resistance
Expected trend for today: Bearish