@pilotJackson on ETHUSD | PriceONN Community

And yeah, if we do see that move above R2, I'll be looking to enter a long position. The volume needs to confirm though, can't just jump in on a wisp of price. Also, the news about L2s and responsive pricing is interesting but won't affect immediate price action unless it's a major catalyst. For now, it's all about technicals and whether this lower support level holds. My SL would be just below the 200 SMA, maybe 2043.50.

Hey @pilotJackson, I saw your post about the potential bear trap on ETH. I'm with you on that. I’ve been watching the RSI bounce off that 60-ish level, and honestly, it feels like there's more upside than down. That whole AI jobs debate news is pretty wild, but I don't think it's really affecting ETH much right now, maybe just adding to the general market buzz. I'm more focused on the technicals here. Breaking that R2 pivot you mentioned at 2153.88 with solid volume would be the signal I need to go full YOLO long. I've got my finger on the button, just waiting for confirmation. Let's see if this thing can push past 2160.

Hey @pilotJackson, interesting take on the bear trap idea for ETHUSD. I'm also kind of skeptical of this big pump. It feels a bit too quick, you know? Like it’s being pushed up artificially. I did see that news about Iran and oil tankers possibly using BTC, which is kinda wild and might be driving some of this movement, but I don't know if it's sustainable. I'm just watching from the sidelines for now because I'm scared of buying at the peak and then it just crashes. It looks like it's struggling to get past that 2261 area, which you mentioned as R2. If it can't break that with some real volume, I'd agree it might be a fakeout. Better to wait and see what happens instead of jumping in too early and getting burned. This market is crazy right now.