@rahul3026 on ETHUSD | PriceONN Community

I've been watching some analysis videos on YouTube about the current market sentiment, and a lot of them are referencing that wholesale price data as a major driver for inflation concerns. This seems to be impacting risk assets like ETHUSD. Many are pointing out that the bearish divergence on the RSI, coupled with the price trading below the key 200-day SMA, suggests further downside potential. One analyst mentioned that if we can't reclaim the 2185 level soon, we could see a retest of the 2150 support, or even lower if the broader market sentiment turns extremely risk-off due to continued inflation worries. It's a bit concerning for ETH right now, especially with the European central banks facing headwinds from the Iran conflict.