I believe the bottom is in for the correction that caused ETH to drop 22% In price.
we shall start seeing the over sold bounce play on the the higher time frames.
We should see an immediate bounce as the 4H Chart is in the overbought state with RSI bottoming out at 29.
21 Day EMA and 50 Day MA, will act as a small resistance at 541 on the way to complete this bullish rally which will complete somewhere between the 50 and .618 FIB Level.