$ETH Crashes Into Oversold Abyss Reversal or Further Bloodshed❓$ETH just nosedived to $1,566.11, now hovering at $1,575.39 with a daily drop of -4.13%. This aggressive sell-off pushed RSI(6) to 19.22 and StochRSI to nearly zero classic signs of deep oversold territory.

This kind of move often hints at exhaustion selling, possibly setting the stage for a technical bounce. But don't rush wait for a reclaim of $1,595–$1,605 with volume for any long entries. If bears maintain pressure, a flush toward $1,530–$1,500 isn’t off the table.