$ETH: Still no sign of a low. The price is likely aiming the yellow support area. As long as the price remains below the descending trendline, I expect lower prices.

The RSI on the daily timeframe is also in the oversold territory.

$ETH

ETHUSDT

Perp

2,228.32

-2.85%

#ETH $BTC

BTCUSDT

Perp

75,408.3

-0.96%