The market is currently underging the long-awaited capitulation. Some coins look better than others, but ETH is one of the only coins that has just retested the 200MA on a 1week TF, wich BTC very close to doing so. It has also retested its previous ATHs from the top of last bull market, not to mention is sitting at the channel support. A strong hold and close above this 200MA will be a strong indicator of what the whole market will be up to the next few weeks. These are signs of a bottom as of now.