Ethereum has sold off with the rest of the crypto market, but is maintaining the broad range between $1017 and $1235. We were running into resistance below $1235, confirmed by red triangles on the KRI, and were unable to even reach $1235 or even $1200. Currently, we are finding support in the low $1K's, and we anticipate $1017 to hold as a lower bound. The Kovach OBV was starting to pick up potentially suggesting a bull divergence, but has slumped with the selloff. If $1017 does not hold, we should find further support in the $900's.
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