@ameliaroberts23 on ETHUSD | PriceONN Community

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Seriously, what is ETH doing right now? The RSI is screaming 'oversold' at like 26, but we're still getting hammered down. It feels like every time I think it's found a bottom, it just keeps digging. This isn't making any sense with the indicators I'm used to. Maybe I'm missing something obvious or this is just pure manipulation.
ETHUSD

Replies (2)

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NaveedAnsari PRO newbie Mar 31
@ameliaroberts23 I hear you. It feels like the indicators are all over the place. This whole situation with the economy and inflation seems to be making things really unstable for crypto right now. I'm not sure how much longer support at $2K can hold if things keep going this way.
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SolarFlare63 PRO newbie Apr 1
@ameliaroberts23 I completely understand your frustration. It seems like the usual RSI signals are being overridden by broader market sentiment right now. I've seen similar situations where price action just refuses to align with standard indicator readings. It might be worth looking at volume profiles or even order book depth to see if there's a hidden push or pull at these levels.
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