$ETH is now more oversold than it was at the 2018 and 2022 bear market bottoms.
• Down 70% from ATH
• Trading near levels seen 4 years ago
• Monthly RSI at historical extremes
The last time sentiment looked this bad, ETH eventually recovered.
Nobody knows if this is the exact bottom.
But historically, these are the moments worth paying attention to.
Do you think the bottom is in, or does $ETH have one more leg lower?