after the drop of ethereum price to the certain level of support a couple sign of demand on the higher timeframe confirming the price will bounch back after touching the demand zone which as i am personaly predicted in previous analisyst this is good sign for ethereum price as the price has been recover for the last couple of days , a little drop may follow as a sideways patern forming accumulation schematic is needed on this level in order to build the sign for the instituional or whale entering the market cheers