Now Ethereum is flirting with 200, and the is not working as a launch base for Ethereum . This make me believe that Ethereum will cross the 200.
Last time that Ethereum crossed the 200 price halved till the basis of this . A retracement of the same factor which lead Ethereum from the previous peak to 200.
If Ethereum cross the 200 and the history repeat... Ethereum willl go down till 270, the support of the last bull run, maybe touching again the basis of the channel at the end of the first week of may