We saw this trend from June 6, 2017, if you see the price action of Ethereum since the start of June, the highs are lower, indicating a bearish trend.
Similarly, we are making new bottoms which also indicates a stronger bearish trend.
As you can see on the image above, the is a buy wall on 180, however if the 180 can't hold, the next support is at 150.
There is only a couple of days to know if the bearish trend will get stronger, I personally do not believe it will come to 150.
My best guess is that Ethereum will be trading around 170 by August 1.
Let me know what you think.
UPVOTE and RESTEEM! thanks!