Ethereum’s RSI Just Hit Its Lowest Level In History, And That May Be Exactly The Point
Ethereum has fallen below $1,800, with price dropping to about $1,536 at one point and trading near $1,612, as crypto sentiment remains strongly bearish. The key technical signal is Ethereum’s monthly RSI, which has slipped to around 40, its lowest level since ETH began trading in 2015. Similar deep RSI resets appeared near major cycle lows in 2020 and 2022, both before large rallies to new highs. This setup is not a guarantee of a reversal, but it places Ethereum in a momentum zone that has historically been closer to major bottoms than tops. The current reading is even more extreme than prior cycles, raising the possibility of a stronger future rebound if history repeats. Bulls now need to defend the $1,600 area. Spot Ethereum ETFs briefly returned to inflows, but outflows resumed the next day.
