There is a good probability on the bullish side.

There is a strong support zone holding on the weekly timeframe, and it's exactly from this level that a reversal signal has appeared on the four-hour chart, along with a structure shift and a candle close. Moreover, the RSI indicates a bullish divergence. Now, it's just the weekly trendline that needs to be broken—once that happens, nothing can stop ETH from turning bullish.