There will be a decicive move either to the upside or downside defining the short to middle term price direction soon (within days).If I give up being objective and use my experiences I would say the movement will be probably to the downside.
I am keeping my eye on BB.Still there may be sudden jumps to 230-240 USD to make a bull trap.The reason for my downside expectation is the money is lacking.However the interest cut of FED may also have a positive affect when we approach to October-November.
Have a good and profitable day.
On August 6th, ETH had reached $ 234, but on August 11th this week's lowest price was $ 204. Do you think ETH will go down more after this?