When I posted this on May 19, $ETH was at $2,117. Right now it is at $2,120. Barely moved.
But look at what TradingView just showed me.
14 indicators say Sell. 8 say Neutral. Only 4 say Buy.
13 out of 14 moving averages are on Strong Sell.
The chart is not confused anymore. It is speaking clearly.
RSI sitting at 35.5. That is close to oversold territory but not there yet. Meaning there is still room to move lower before any technical bounce becomes likely.
$2,077 is still the support level everyone is watching. It held twice. Third test tells the real story.
Educational only. Not financial advice.