Looks like a bottom could be forming here.

Using the moving averages, the Golden cross/death cross indicator. 200 day, 50 day and 20 day can be seen. This is the monthly chart. On the weekly chart you can also see almost the exact the same thing forming. This caught my attention to check it because this is what's happening to the SPY S&P500 right now, it is bouncing off of the 200 day moving average line on the weekly chart and staying above the 50 day on the monthly. As this is forming at the same exact time, and the same forming for Ethereum with the same indicators, would seem like all to much to be a big coincidence wouldn't you think? So using technical analysis we can confirm that their is a high probability of a bottom being found right about here.