ETH Update

Yesterday morning, the pair failed to gain a foothold above the psychological level of 2000.00 USD and during the day the ETH price rolled back into the blue channel.
Late in the evening, buyers tried to pull the price out of this side channel, but failed to break through its upper boundary of 1860.00 USD.
Tonight, there was a large spike in volumes on the market 13 times higher than the average trading level, while the price of ether dipped below 1800.00 USD. In the morning, the volumes decreased and buyers are probing the upper border of the side range for strength.
Until the end of the week, a pullback to the lower border of 1735.00 USD is expected. If bearish pressure intensifies, a pullback to support at 1660.00 USD is possible.