@kevinmartin94 on ETHUSD | PriceONN Community

Hi @kevinmartin94, I understand your caution regarding potential bull traps and RSI divergence, it's definitely something to monitor closely. However, looking at the daily and even the H4 charts, the momentum still appears quite strong. The SMAs are all pointing upwards, with the price comfortably trading above the 50 and 200-day moving averages. While the RSI is high, it's been in this zone for a while during this uptrend, and a brief consolidation or even a slight pullback before a further move isn't out of the question. I'm keeping an eye on the pivot points, particularly R1 at 2344.19, as a potential short-term hurdle. If that breaks convincingly, we might see a push towards R2.

Hi @kevinmartin94, I saw your post about the potential bull trap on ETHUSD. I'm also a bit nervous about this drop, especially with the geopolitical news about Iran making things so volatile. It's hard to tell if this is a real breakdown or just a shakeout. I did notice the price is hovering near that S2 pivot you guys were talking about, around 2097, so maybe it'll bounce from there? But then again, with the Fed sounding hawkish, I'm not super optimistic about crypto right now. It's tough watching your money go down like this.