Ethereum’s chart is flashing an interesting setup right now.
The RSI clearly shows oversold conditions, and each time ETH hit similar levels in the past, it marked a strong recovery phase.
We can see multiple points where the market dipped into oversold territory and later bounced with solid momentum.
Historically, these areas have provided long-term buyers with excellent entries.
While no setup guarantees the same outcome every time, the probability leans towards a rebound.
If history repeats, this could be another accumulation opportunity before ETH makes its next major move upward.
Worth watching closely in the coming days.