Honestly, with how much ETH has fallen today and all the negative news about risk aversion, I don't see it going up anytime soon. It just feels like it's going to keep sliding lower until something major changes. Maybe it'll test those lower support levels we saw last month.
Hi @sdavies938, I understand the concern given the recent price action and negative sentiment. However, ETHUSD is currently holding above the 50-period SMA and also approaching the P pivot point at 2119.13. The RSI is sitting at a neutral 58, which suggests it's not yet overbought or oversold. I'm watching for a potential bounce here.
