ETH News Dump but holding better than BTC

News dump in response to Japan telling exchanges they need to change their systems to quell money laundering. Yeah I used quell.
I personally am not trading any oversold bounces until 4 hour RSI gets down to 20. Too many bear flag weak bounces the last 6 weeks.
Bears have complete control after daily EMA rejection and now it is just a question of if the bulls can hold the daily lows.
ETH has a lot more space to work with before we get to the daily low vs. BTC.
Remember RSI levels can get more extreme on news, and there is a lack of bulls buying the dip with market sentiment very low.
I will continue trading other markets like Canadian MJ until the bulls change the trend on the daily, or until RSI levels get to the extremes.
Congrats bears.