Probable next move for $ETH (next 12–48 hours):

Most likely scenario (60–65% probability): Relief bounce / short-term recovery

Because RSI is already low and we’ve had several strong red candles, selling pressure is likely to ease. Expect ETH to bounce toward the $2,058–$2,070 zone first (MA(7) + MA(200) confluence).

If it clears that area with volume, it could extend to $2,100–$2,120 (previous consolidation area). This would be a classic “oversold bounce” setup.

Bearish continuation scenario (35–40% probability):

If buyers fail to show up and price breaks and closes below $2,023 on the next few 4h candles, we could see a quick extension lower toward $1,980–$2,000 (psychological round number + potential higher-timeframe support).