The chart is clear rightnow, after a drop of ETH yesterday from 2,900$ to 2,700$

we see that it touch the present support. We need to see some more signals to confirm if there will be a breakout or a reversal.

See volume as well and RSI . We must see also the bigger picture in higher TF with the help of our MAs.

After FED news 2 days back, it seems that stocks market including crypto market went down. This is fundamentals, yet we can consider and gather as well some data from our charts.

Confluence indicator & strategy will help us to have a better analysis.

Please use this chart as a guide only and make ur own decision in Trading. Thanks and cheers..