Ethereum has entered an ascending price channel, which could indicate a bullish trend if it follows previous patterns. However, the recent breakdown from the $2,000 level may apply downward pressure on ETH. The Relative Strength Index (RSI) is hovering around the neutral 50 mark, but maintaining its level above 50, implying a potential uptrend. Meanwhile, Shiba Inu (SHIB) is experiencing a rapid reduction in volatility, potentially leading to an increase in selling pressure. On the other hand, Pepe (PEPE) has touched its local low and is resting on a 50 Exponential Moving Average (EMA) line, suggesting a potential price boost.