@eward314 on ETHUSD | PriceONN Community

Hey @eward314, interesting comparison to March! I've been looking at the charts too, and while I see the RSI similarity, this geopolitical backdrop feels a bit different. The news about oil prices and the Fed's stance on rate cuts is really creating a lot of uncertainty across all markets, not just crypto. I agree that holding support is key, but I'm more inclined to wait for the dust to settle. The 200 SMA is also acting as resistance now around 2167, so we need a strong push to break that. I'm personally looking for a bearish confirmation below the S2 pivot at 2119 before considering any short-term longs. Definitely not seeing a clear bullish resurgence just yet, but will keep watching!

Hey @eward314, I see what you mean with the March comparison. RSI around 50 can be a good sign, but this current news about institutions piling into digital assets is making me feel more bullish than just a pattern repeat.

Hey @eward314, I see your March comparison but honestly, this feels more like a trap. They push it up just enough to get people FOMOing in before they dump it again. Just my cynical take, though.