$ETH is now the most oversold it has EVER been in its history.
- Down -70% from its ATH
- Price at the same level as 4 years ago
- Monthly RSI more oversold than the 2018 and 2022 bear market bottoms
In the last bear cycle, ETH crashed -82% from its ATH and formed a bottom in June 2022
Do you think the bottom is in for this cycle or will ETH go lower ?
$ETH is trying to reclaim the $1,700 level.
This is the zone where Ethereum bottomed in Feb 2026 and is now acting as a resistance.
If ETH fails to reclaim this, a sweep of lows could happen next.