The fear is palpable, isn't it? ETHUSD's been getting hammered, and everyone's scrambling. I suspect there's more downside to come, but the RSI is screaming oversold. Could be a classic bear trap setting up. Time to be nimble, folks – gold mining stocks are looking better by the day.
Update: Just saw a quick bounce off that S2 pivot around 1937.46. Might be a short-term long opportunity for the brave, but I'm personally waiting for a clearer signal before jumping in. Remember, patience is a virtue, especially in crypto!