ETH is testing the downtrend line for the fourth time. The triangle formed is coming to an end and a definition needs to happen.
Ethereum being below $ 790, I consider as most likely one more going to support around $ 650 to gain strength for a recovery move.
A small rebound on price or at least a small accumulation should be expected in the next few hours, given the very low relative strength index, demonstrating an oversold condition in the very short term.
I'll keep you updated.