@laurenrobinson91 on ETHUSD | PriceONN Community
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This ETHUSD price action is concerning, especially seeing it break below the 200-day SMA which is usually a strong support level. Given the current bearish RSI and the aggressive drop we saw, I'm expecting further downside pressure unless we see a significant reversal soon. Institutions pouring more capital into digital assets might provide some underlying support, but the immediate chart looks grim.