Why I'm Buying the Ethereum Dip

From the beginning of 2021 to the all-time high it made in November 2021, Ethereum (CRYPTO: ETH) gained a mind-blowing 500%. Since that all-time high, Ethereum is now down roughly 75%. While we can likely rule out a V-shaped recovery, there are interesting technical indicators that provide some context on how Ethereum has behaved when in similar territory.