From the day you posted it till now market move up a bit than $160 in the last 3 days then dump a little in this day. It looks to me that would be going stable here between $150 and $160. But as what majority said, such movement was influenced by Bitcoin itself, well I agree as there are no significant news related to ETH alone on why did it move like that. So may be for now, as long as BTC pump rest assured that ETH or let's say several altcoins would do the same.
Now it's hard to talk about the future of ETH because the coin is very volatile and just a bad news can make things worse. Any prediction just stops at the prediction and investors tend to hold more fiat during this time. Of course, $150 -160$ is only a temporary price and certainly this coin will drop more if the market does not have a big improvement.
It's really temporary, even if the price will rise it's still temporary.
The thing is, bitcoin is volatile, we can't tell if the price will just go stable uptrend because anytime it could dump even without known reasons.
maybe this would only depend on our target now or prediction, mine is over $1000 and I'm hoping to see it but only possible with altcoins season.
$ 1,000 is a greedy number. I appreciate your carefulness in ETH pricing and always have a calm mentality, but I'm afraid your price prediction is too high. For an economy hit hard by covid, people are now holding more cash and preparing for a major recession. The rebound is only due to the fomo sharks and makes its price temporarily increase. The manipulation is increasingly intense and with a small amount of capital the whales can already manipulate the market, be careful at this time. Be patient and wait for a better price to buy and hold.