@STaylor37 on ETHUSD | PriceONN Community
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My analysis suggests ETHUSD is likely to test the 1950 level in the coming days. The break below the 200 SMA on the 4-hour chart was a significant bearish signal, and the subsequent failure to reclaim this level confirms the downtrend. Furthermore, the Bollinger Bands are widening, indicating increased volatility and potential for further price movement. While short-term pullbacks are possible, I expect selling pressure to persist as long as the price remains below the 200 SMA. I'll be looking for shorting opportunities on any rallies towards 1990-2000.