📊 $ETH (Ethereum) - Current Price: $1,970-$1,982
Technical Status:
Trend: Downtrend, but in oversold zone
RSI: ~29.5 (deep oversold - potential bounce possibility)
Price Action: Testing $2,000 psychological resistance but unable to break
Support: $1,911 (critical), $1,880-$1,900
Resistance: $2,000, $2,350
On-Chain Metrics:
Staking: 36.6M ETH staked (~30% supply) - bullish long-term signal
Staking Queue: 4M+ ETH waiting (71-day queue) - strong demand
Exit Queue: Only 24,000 ETH - high validator confidence
Short-Term Prediction:
⚠️ Warning: In deep bearish phase. If $1,911 breaks, will go lower
✅ Possibility: RSI oversold, so short-term bounce to $1,960-$2,050 range possible
📉 Downside Risk: Trend remains bearish unless $720 EMA is crossed.
