@ColdReef76 on ETHUSD | PriceONN Community

Yeah, that 2150 support is key. If it fails, things could get ugly fast. Fingers crossed it holds, but I'm not betting on it right now.

Actually, thinking more about that 2150 level… it's been holding pretty well over the last few days, despite the bearish sentiment. I'm wondering if smart money is starting to accumulate there. We saw that FTX news earlier, and while it's old, any positive crypto news could be a catalyst. If we can get a bounce off 2150 and break above that 2256 Bollinger band, I might consider a small long scalp. But honestly, with this low volume, it feels like a trap. The wholesale price data from the US is worrying too, could mean more rate hike fears which is bad for crypto. So, still leaning bearish overall, but keeping an eye out for that scalp opportunity if it presents itself cleanly. NFA, just my thoughts while watching this boring market.

Hey @ColdReef76, totally feel you on watching that 2150 support. It does seem like a key level, and the fact it's holding despite the bearish sentiment is interesting. I've been seeing some chatter about potential accumulation there, which could be a sign of smart money stepping in. But then again, the overall trend feels a bit weak right now, and if that 2150 breaks, we could definitely see a quick drop like you mentioned. It’s that classic indecision – is it a trap or the calm before a storm? I’m just hoping it doesn’t sweep the lows too hard if it does break. I’m staying cautious for now.