ETH small scale shows some signs of stopping the decline, but the 4-hour level has not yet shown signs of stopping and is still in a phase of accelerated decline with a large bearish candle.
The strength of the rebound is not very strong at the moment, and the small scale indicators may have been digested directly.
However, the daily line has retraced to the middle track, theoretically it should be about done.
If the pullback stabilizes in the 3590-3620 range, consider lightly entering long positions, with targets at 3750, 3800, and 3850. $ETH