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📊 Ethereum Deep-Dive: Crucial Support Tests & Extreme RSI! 📊ETH has broken below the key psychological level of $2,000 this week, hitting multi-month lows around the $1,750 range due to sustained spot market selling pressure and long-term holder distribution. 📉💥However, the daily charts are showing extreme exhaustion! The 14-day RSI has plunged into deep oversold territory near 19. Historically, these heavily stretched zones can trigger swift relief bounces as sellers run out of steam. Initial horizontal resistance to watch sits at $1,806 and $1,910. 🛡️⚡Are you positioning for a quick technical rebound from the $1,700 floor, or do you expect more consolidation? Share your strategy below! 👇#Gateio #Ethereum #CryptoTrading #TechnicalAnalysis
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