Ethereum Undecided About Direction

2w
4:29
Description

For the last seven days or so Ethereum has dipped and bounced back over the 385 level several times and it seems that it just can't make up its mind about where to go. The long-term downtrend seems to be intact, there hasn't been a challenge to it. But at the same time 385 is acting as a strong support line and a definite battleground between the bears and the bulls. What are factors impacting Ethereum right now? What are the closest levels to watch on the daily and hourly charts? Check out our video and let us know if you agree or disagree in the comments.