Ethereum Is In Downtrend But This Variable Can Trigger A New Rally

Ethereum failed to clear the $142 resistance and started a fresh decline against the US Dollar, similar to bitcoin. ETH price could soon test the main $120 support area, where the bulls might emerge.ETH price is currently trading in a bearish zone below the $135 level against the US Dollar.
There are many hurdles on the upside, starting with $135 and up to $144.
There is a major bearish trend line forming with resistance near $135 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair