@aperez691 on ETHUSD | PriceONN Community
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This current ETHUSD price action reminds me of the choppy conditions we saw in late Q3 2023. The market was consolidating between the 50 and 200-day SMAs for weeks, with no clear direction. We need to see a decisive break above the 200 SMA, or a rejection and retest of the lower Bollinger Band, to establish a clearer trend. Until then, expect more of this sideways movement.