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🚨 $ETH is now showing one of the most extreme oversold readings in its history.
Current situation:
• Down ~70% from its ATH
• Trading near levels seen 4 years ago
• Monthly RSI more oversold than the 2018 and 2022 bear market bottoms
• Sentiment near extreme fear levels
For context:
• 2018 bear market: ETH fell ~94%
• 2022 bear market: ETH fell ~82%
The big question isn't whether Ethereum is oversold.
The question is whether this marks capitulation... or if one final flush is still ahead.
What do you think?
🔘 Bottom is in
🔘 Lower prices coming