ETH just went through a brutal washout, but price is stabilizing off the lows…
$ETH is showing signs of recovery, trading near $2,968 after peaking at $3,115 and flushing to $2,920 in the past 24h.
RSI(6) is sitting at 40.19, recovering from oversold territory, while MACD stays negative but the histogram has flipped green (7.02), showing momentum stretched and sellers possibly running out of fuel.
These extremes often mark smart entry zones for disciplined traders, not panic exits.
Are you scooping ETH here or waiting for a cleaner setup?
ETH
1,974.3
+1.72%