$ETH as the entire market, experienced a deep correction, but an important feature is visible on its chart. The price did not just fall, but formed a clear support level at $2,072, from which a visible rebound has already occurred. On the daily chart, the RSI(6) indicator shows an extreme value of 14.70, which historically corresponds to areas of strong oversold conditions and often precedes powerful technical rebounds.

#JPMorganSaysBTCOverGold #EthereumLayer2Rethink? $ETH

ETH
ETHUSDT
2,676.94
-0.84%