@sophia1666 on ETHUSD | PriceONN Community
Man, this ETHUSD drop feels eerily familiar. I remember back in late 2021, we had a similar kind of sharp decline after a period of consolidation. People were saying it was just a correction, but it turned into a much deeper bear cycle. This current setup, with the RSI really dipping and the price slicing through those SMAs so quickly, it's making me cautious. We've seen institutions increasing their crypto allocations, which is a positive fundamental, but the charts right now are screaming caution. I'm really hoping this isn't the start of another prolonged downturn.