@jamestaylor76 on ETHUSD | PriceONN Community

@jamestaylor76 Yeah, that South Korea news is a bit worrying for regulation down the line. Hopefully, it doesn't lead to too much panic selling today.

@jamestaylor76 Hey James, yeah that South Korea crypto seizure thing is definitely something to watch. It's like, one minute we're talking about one-click staking for institutions, and the next there's news about regulations that feel a bit heavy-handed. I guess that's the life of trading altcoins though, always a regulatory surprise lurking around the corner. I'm trying to keep my position sizes small and my stop losses tight because of this uncertainty, especially with the news about Europe's central banks and the Iran war potentially causing broader market jitters. It feels like a lot of factors are lining up to make things choppy, and I'm just hoping my ETHUSD trade doesn't get caught in any unexpected liquidity grabs.

@jamestaylor76 Yeah man, that South Korea news is definitely on my mind too, especially seeing ETHUSD fall this much. It feels like any little regulatory uncertainty can cause a big displacement candle these days. I'm watching the 2119 pivot level closely, it's the S2 support. If that breaks, I'm worried we could see another sharp drop, maybe down to 2100s. The current RSI is around 40, not oversold yet but definitely leaning bearish. I'm personally staying out for now, too much noise and choppy price action in this session. Need to see clearer direction before even thinking about a position, NFA though.