Ethereum is moving near the bottom of the liquidity zone, with most of the liquidity above the current price.
The 100MA may soon break down the 200MA on the 1H Timeframe.
According to RSI, the price is at the border of the oversold zone.
I expect that ETH may test the resistance level, but after fixing under it will continue to decline.
The 100MA may soon break down the 200MA on the 1H Timeframe.
According to RSI, the price is at the border of the oversold zone.
I expect that ETH may test the resistance level, but after fixing under it will continue to decline.
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