In Ethereum, we are going to keep it simple. The 160-170 area is an excellent support zone.

We are optimistic that it holds, but we know what will happen to the ETHUSD and the entire crypto market if it doesn't. We looked at the daily chart, and the 9-day RSI has sunk to oversold levels. This could be bullish .

Bottom Line: If we got bullish any crypto here, it would be ETHUSD . We are keeping our analytics simple and to the point.

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