Ethereum (ETH) Hits All Bearish Targets, Bitcoin Down 8%

Ethereum price declined heavily below $170 and traded close to $150 against the US Dollar.
Bitcoin price is down more than 8% and it even traded below the key $7,500 support.
Yesterday’s highlighted bearish trend line is intact with resistance near $165 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is currently correcting higher and it could rebound towards the $165 resistance.Ethereum price nosedived and tested the $152 support area versus the US Dollar, while bitcoin d