Over the past 24 hours, Ethereum continued its downtrend, dropping 3% to reach the support area of $1,762 to $1,752. However, it is worth noting that this price range has caused a positive reaction in the market. Analysis using the Relative Strength Index (RSI) shows a bullish divergence, suggesting that Ethereum price could surge into the $1,920-$1,930 range if the downtrend line breaks. increase. However, it is important to recognize that the market is currently facing strong selling pressure that reduces the likelihood of a rapid reversal. Additionally, the formation of a potential double bottom pattern was noted on the daily and his 4-hour timeframes. Confirmation of this pattern bodes well for Ethereum's medium-term outlook and could bring a more positive outlook.