Looking at the current charts on Ethereum we can see that there is a slow and steady downtrend...
The last few weeks we have seen the trend change on Mondays and Tuesdays, with large volume increases. As the week progresses on, we slowly see the price return to its previous low. this has made investors worried and has hurt there pockets !
We will have to see what happens in the next week or two, to see weather the volume increases steadily.
Looking at those patterns it looks like its going ot go down again. The closer it gets to 1st Aug the more likely it is too. Now to predict those little uptrends would be the trick.