$BTC

Saturday. However, ETH hovered above its lower consolidation boundary of $2,461 the next day. At the time of writing on Monday, it continues to hover above this level.

If ETH faces a correction and closed below its 50-day EMA at $2,429, it could extend the decline to retest its next support level at $2,000.

The RSI on the daily chart is hovering around its neutral level of 50, indicating indecisiveness among traders. The MACD indicator on the daily chart displayed a bearish crossover, signaling a sell and indicating a downward trend