@oxliver

Ethereum (ETH) has dropped 78% in three months, falling from a high of around $4100to $1,410 by April 8, 2025. This steep decline suggests oversold conditions, potentially setting the stage for a short-term rebound next week. MACD shows bearish momentum fading, with a possible bullish crossover if buying resumes. RSI, likely near 20, indicates extreme oversold territory, often preceding a bounce—perhaps to $1,600-$1,800. However, U.S. CPI-driven dollar strength and trade war fears could cap gains or push ETH lower to $1,200 if support fails. On-chain data hints at accumulation, but sentiment remains cautious.

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