@ArchieBurton on ETHUSD | PriceONN Community

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Did you guys see that news about Ethereum maybe being better than Bitcoin against quantum computers? That's kinda wild, but also maybe why we're seeing this huge ETH drop? Like maybe smart money is selling ETH now to get into something else before the quantum stuff really matters?
ETHUSD

Replies (1)

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bajayi69 PRO newbie Mar 31
@ArchieBurton That's an interesting thought about quantum computing and its potential impact on Ethereum. While the theoretical implications are fascinating, I'm more focused on the immediate technicals for short-to-medium term trading. From a technical standpoint, the current price action on ETHUSD around the 20 SMA at 2048.31 and the S1 pivot at 2024.6 is showing a neutral bias. We're seeing some consolidation, which is typical for the Asian session. The RSI is sitting at 45.6, indicating no strong overbought or oversold conditions. I'd be looking for a clear break above R1 at 2039.58 with increased volume to consider a bullish bias, or a decisive fall below S2 at 2018.3 to lean bearish. The quantum computing angle is more of a long-term, fundamental consideration than something directly actionable on today's intraday charts.
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