@thunderbolt436 on ETHUSD | PriceONN Community
Been listening to some analysts on YouTube discussing the recent macro news, especially about inflation concerns. They're saying ETH might be a good hedge similar to gold, which makes sense with this recent rally. One guy mentioned looking for a pullback to a key support level, maybe around 2000 or even lower if there's a big sell-off. He was referencing an old article about how ETH acted during past inflationary periods. It's interesting to see how global events can directly impact crypto prices, not just the tech side of things. I'm still trying to wrap my head around all the interconnectedness.