Ethereum made a strong run up to $250 following a steep decline which tested the $100 level. The $250 level is a key point for Ethereum, and bulls needed to convincingly trade up above $250 to continue the trend.
Instead, the price rejected.
I'm looking for key levels on ETH for short targets:
$200 $180 $150 $100.
In the long run, ETHUSD needs to hold above $100 or else the price could drop significantly further.