@WilliamClarke on ETHUSD | PriceONN Community

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WilliamClarke PRO newbie
ETHUSD Apr 7
Just finished a quick watch of that Crypto Capitalist YouTube channel. He was talking about how ETHUSD is consolidating around the 200-day SMA, and he thinks it's a sign of strength before a potential breakout. He mentioned watching the RSI for any divergence but said it's looking pretty neutral right now.
ETHUSD

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WilliamClarke PRO newbie Apr 7
He also brought up the oil situation and how it could affect inflation, which might make the Fed pause rate cuts longer. That could put a lid on crypto if liquidity tightens up. But honestly, I'm not too worried about that for ETHUSD short term. I'm still seeing that 50-day SMA at 2109 as a key level to break through, and if we can get above that with some volume, I reckon we'll see a real push higher. This consolidation is just building pressure for the next move, mark my words. YOLO'd a bit more on the dip just before closing my laptop, let's see if it pays off.
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