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ETH is looking weak rn. RSI below 35 on the H4, and we've broken below the 2000 level. I'm expecting further downside, maybe towards 1950 if this bearish momentum continues. Watch out for a potential bounce around S2 at 1984 though.
@kabiru9503, I agree with your assessment. The break below 2000 was significant. However, the RSI is nearing oversold territory on some timeframes, so a short-term bounce is possible before further downside.
