Noticing the RSI on the 1 day chart we can see that ETH is approaching the same oversold level it was at before the start of the last rally. It could take some more time to hit 30 first or cross below before a trend reversal, although I personally am not going to risk it and risk missing out on the gains, because as we know when the reverse go the upside comes it comes quickly and with large gains. I'm not worried about it coming down a little bit if it does from here I belive the risk reward ratio is well worth it. It was only natural to see selling off after the merge with people gaining access to locked up staked ETH they couldn't touch the past couple years. With all of that out of the way and the merge being successful, Ethereum back at oversold levels, where we can see each time in the past it has bounced back up from, we could be ready for a rally upcoming very soon or at any time now. Especially if their is overall positve sentiment on the 21st from the fomc meeting, such as a 0.75 rate hike and not a 1.0 raise in rates from the fed. I believe a 0.75 is priced into the market already. Hopefully this turns out because I have gathered alot of ETH for this reason. Hope everyone is having a good time.