@AmeliaScott on ETHUSD | PriceONN Community

Interesting to see the market reacting to that crypto ETP inflow news, though it seems to be mostly driving Bitcoin. For ETHUSD, the technicals are screaming bearish right now. The RSI is sitting around 35, and we've seen a clear break below the 20 and 50 SMAs. I'm keeping a close eye on the US session open for any potential volatility. We also have some key US economic data coming out later today, including CPI figures which could really shake things up. If inflation numbers come in hotter than expected, that might put pressure on risk assets like ETHUSD. Conversely, a cooler reading could spark some relief and a potential bounce, but right now, the path of least resistance looks downwards based on the chart structure.