$ETH ‌ETH had a sharp drop, but price is trying to stabilize again after finding support near the recent low. Selling pressure looks weaker now, and buyers are slowly stepping back in.

Short-term (1H view):
Price is moving above the short EMA, showing a small recovery. Momentum is improving, but it’s still a cautious zone. A clean hold here can lead to a slow push upward. If price fails, another retest of support is possible.
Mid-term (4H view):
Trend is still under pressure, but the strong sell-off already happened. If price holds above the current base, this can turn into a range before the next real move. A higher low would be a positive sign.
Simple outlook:
• Holding support → slow bounce and consolidation
• Losing support → one more dip before stability
• Bigger move likely after volatility cools down
This is market observation, not financial advice. Always manage risk and trade with your own plan.