@FreyaSkier on ETHUSD | PriceONN Community
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Given the current price hovering around the 1985 level, and the 200 SMA acting as a potential support around 2000, I am curious to gauge the market sentiment. Are others anticipating a potential bounce off the 200 SMA, or do you foresee a continued decline towards the S1 pivot point at 1975? I am particularly interested in understanding how traders are positioning themselves with respect to their stop-loss orders in this environment. I'm considering a small long position, but the lack of volume is concerning. Any insights would be appreciated.