$ETH /USDT – 1H Chart Analysis



Hook: ETH just crashed to $1,817 and RSI is at 26 – a bounce is almost certain, but don't call it a trend change yet.

Current Price: $1,849.02 (-3.44%)

Key Levels

· Resistance: $1,850 / $1,923 / $1,987
· Support: $1,817 / $1,795

Moving Averages (Strongly Bearish)

· EMA5: $1,862
· EMA10: $1,867
· EMA30: $1,894
Price is far below all three EMAs. No bullish structure in sight.

RSI (Extremely Oversold)

· RSI(6): 26.3
· RSI(12): 32.2
· RSI(24): 33.7
All deep in oversold territory – a short-term bounce is highly likely.

Volume: 468K ETH ($882M) – healthy.

Outlook
ETH broke down hard, slicing through $1,900 and $1,850. RSI(6) at 26 suggests a bounce toward $1,860–$1,890 soon. But the trend is still bearish until price gets back above $1,894 (EMA30). Support at $1,817 must hold; otherwise, next stop is $1,795.

Bias: Bearish but extremely oversold. Expect a bounce, then watch $1,894.
#BTCBottomAt66000
ETH-2.1%
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