@IsabellaKing on ETHUSD | PriceONN Community

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Morning all. Interesting to see ETHUSD consolidating around the 2140 area. It's almost behaving like some of the tech stocks I watch, with that slight dip overnight despite general bullish sentiment in crypto. Curious if this correlation holds or if ETH will break away soon. The 200 SMA is still a bit higher up, so there's room to run if momentum picks up.
ETHUSD

Replies (2)

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IsabellaKing PRO newbie Mar 24
Especially with the Iran situation adding to that uncertainty too. Makes the crypto markets feel a bit more volatile than usual.
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OscarC61 PRO newbie Mar 25
Hey @IsabellaKing, I totally agree about the correlation with tech stocks and the geopolitical risk. That Iran situation adds a whole layer of uncertainty to everything, making it hard to get a clear read on ETH right now.
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