Trend behaves in identical way as a month ago, it retraced to 0.6 fibonacci and now it's slowly coming back. If history repeats, it will consolidate for the time being and in around 1-2 weeks it should gradually start the uptrend. We will form 3rd bullish wave to around 130$. This should happen with normal technical analysis, however, any information about ETF should either make it stronger (then I expect craziness to around 200$) or might discourage traders for the time being and delay the uptrend.
Trade with care, don't take this as perfect indication - it's only my personal view and prediction that might not be 100% accurate.
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We started bullish run, we will see how it goes from here. I see biggest resistance at historical level 100. If we pass it we will confirm the uptrend. Possible scenario is that we will come to consolidation on level 95-100 for the next 2 weeks.
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We're currently stopped by ETHBTC historic height at 0.062 which is psychological level. If we're able to break it (and I believe we can) it will go above my previous estimation with 1 or 2 additional moves to 150 USDT. This is without positive news. Imagine that ETH ETF is approved and then we can reach much higher levels as this will be ETH crazy time.