Crypto analyst and trader known on Twitter as Crypto Tony has predicted a pullback in Ethereum’s price before an anticipated rally. Tony explained that he was not in any long position on Ethereum to avoid being stopped out. However, he waits for a solid pullback to find a long entry. Tony explained his analysis using a 2-hour ETH/USD chart, identifying the key support and resistance areas. From his projection, he expects ETH to drop below the local low at $1,840 before rallying higher.