$ETH: Ethereum seems to be pointing toward a bottom at $...

What I’m seeing on the daily chart is pretty clear:
The MACD is already deeply oversold, yet Ethereum continues to fall. Normally, such a setup would trigger a technical rebound — but the price action is not following.

This tells us one thing: bearish absorption.
Whales are unloading into every attempt to push upward, absorbing the buys and slowly forcing the price down. The ETH being sold is still changing hands, and until this process completes, ETH remains pressured to the downside.

Because the MACD is extremely oversold, we should expect some technical bounces — but opening a long here is extremely risky. Patience is better than gambling in a downtrend without support beneath your feet.

Right now, $2100 looks like the strongest support zone and a likely level for a meaningful bounce.
But in a broader bearish environment, even that bounce could just be a short-term relief before a new leg down or a reaccumulation phase.

So there’s no need to rush or FOMO into every green candle.
Bounces are normal — the trend remains bearish until ETH reaches the demand zone around $2100.
And if ETH doesn’t react at that level… that would be a very bad signal.

Statistically, $2100 has a high probability of being reached and acting as a solid reaccumulation zone.

DYOR

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