Let’s see how ETH is behaving.
This is a 1W chart. (Mid Term)

ETH has been going back to the main support level since the last time it set an ATH zone.
It is very unlikely for ETH to break support and go any lower.
It can get strength from the lower Bollinger Band or the Dynamic supports to pump back up.
As shown on the chart, we will continue consolidating and moving straight in the blue sideways channel.

Support levels: $2168
Resistance Area: $3094

Bollinger Bands can work as support and resistance too. Here is an example:

The market is showing BUY volumes for ETH.

Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.

The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.

If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.

The RSI shows that ETH is below the 50 levels, the center.

If you want to know how the RSI indicator works, take a look at this Educational Idea. It’ll help you have better readings:

Current Market Price: $2800

Let me know your ideas.

Good luck.