@zama2675 on ETHUSD | PriceONN Community

@zama2675 Good point about the macro environment. I think ETH's long-term prospects are solid, especially with the upcoming upgrades, but short-term volatility is def something to watch for! Risk management is key!

@zama2675 I agree, the long-term prospects are definitely intertwined with the macro environment. High interest rates are a major headwind, but ETH's potential for upgrades and increased adoption could offset some of that pressure. I think a sustained rally is unlikely in the short term. I'm more inclined to believe we'll see continued volatility with periodic bounces, especially as the Fed keeps hinting at further tightening. I'm personally waiting for a clearer signal from the D1 chart before committing to a long-term position. The RSI is also something to watch, if it moves above 60, it might be a good time to increase your holdings.