Will ETH drop to 1150? Opportunity to short

٢٧ يناير ٢٠٢١

What a day was yesterday! Whales throwing jabs up and down at BTC sending ripple effects all across the crypto market. Today's forecast remains similar to the one yesterday. ETH seems to have strong resistance at 1250, however, it is likely to break it and drop to the lows of 1220-1200. At the time of writing the immediate bounceback range could be 1300, however, once it drops below 1220 it is unlikely to immediately bounce back to these hights.