$ETH sitting right at the bottom of its descending channel. RSI deep in oversold territory.
This is where patient holders add. Channels don't break down every time — more often they bounce. If you've been waiting for a better entry or to average down, this is the zone.
Macro context matters: we're still in a cycle where quality assets like $ETH get sold off on fear, then reclaimed by smart money. Don't chase tops, buy the lows that scare most people.
Watch for a bounce here. If it holds and RSI starts climbing back, that's your confirmation. If it breaks lower, we reassess — but the setup favors a move higher from this level.
This is where patient holders add. Channels don't break down every time — more often they bounce. If you've been waiting for a better entry or to average down, this is the zone.
Macro context matters: we're still in a cycle where quality assets like $ETH get sold off on fear, then reclaimed by smart money. Don't chase tops, buy the lows that scare most people.
Watch for a bounce here. If it holds and RSI starts climbing back, that's your confirmation. If it breaks lower, we reassess — but the setup favors a move higher from this level.
