$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

3,008.14

-0.50%

#ETH $BTC

BTCUSDT

Perp

89,063.4

-0.40%