Ethereum experienced two instances of weekly continuous overselling for over 35 days in 2022 (see the two circles on the left)

This time it has also reached the 5th weekly candle, and the time is close.

I am not saying that this is the 'bottom', but rather that—from here, the likelihood of a rebound increases, and once a rebound occurs, it may create more structured trading opportunities.

I don't like the rhythm of 'shorting on the drop and chasing on the rise', it’s too easy to get slapped in the face and not conducive to making trades. #Saylor500KClub