ETH has recently broken out the previous high of 226 and recently congestion zone of 220. At the same time, there are many alt coins look breaking out as well so beware a potential big bull may be in play here. In the bull trend of ETH is intact, I don't expect it will go back down to 193 level, so people who want to get on board may seek for any reason to buy ETH higher than the 193 level, e.g. bounce off the moving average, pull back buy, retracement buy and etc... Remember just ensure your return to risk is at least 1:2.
ETH has been alot stronger than BTC too so I am expecting there are follow through in next week.
Stay safe and healthy~