Ethereum (ETH) Hits Final Bearish Target, What’s Next?

Ethereum is down more than 8% and it tested the final $155 bearish target against the US Dollar.
Bitcoin price is also down around 6% and it traded close to the $7,400 bearish target (as discussed yesterday).
There is a short term contracting triangle forming with resistance near $165 on the hourly chart of ETH/USD (data feed via Kraken).
The price might correct higher towards $165 or even $168 before declining again.Ethereum price is declining heavily versus the US Dollar, and bitcoin broke $7