Ethereum (ETH) is having a tough month, down 11%, currently trading around $2,300 (according to CoinGecko). Some analysts warn that ETH could fall another 20% to $1,800 if it loses key support at $2,290-$2,360. 📉

However, many other experts are optimistic about ETH's recovery. They believe that the "bear trap" pattern and historical trends could push ETH to $4,723.5, or even $8,100+. 📈

ETH's RSI is also at 30, suggesting that ETH is likely to be oversold and could be about to recover.