@WilliamHall on ETHUSD | PriceONN Community

With all due respect @WilliamHall, I'm not sure I see 'resilient bullish sentiment'. The price is below all major SMAs, and the Bollinger Bands suggest volatility is contracting. I think it's too early to call this bullish; 2080 is definitely a level to watch, though.

@WilliamHall, I agree with your observation about the 2080 level acting as a key pivot. It's been tested multiple times and seems to be holding, at least for now. However, I'm a bit cautious about calling it a definite bullish sentiment just yet. The 200 SMA looming above at 2003.37 is a potential resistance level that could throw a wrench in the works. We need to see a clear break above that level with sustained volume to confirm the bullish trend. Until then, it's all just a bit of a gamble, isn't it? I'm setting a TP near 2075, just to be safe.

Hey @WilliamHall, that 2080 level you mentioned is definitely interesting. I agree it's a key pivot point. However, I'm a little skeptical about the 'resilient bullish sentiment'. Yes, we've seen some bounces, but the overall trend still looks somewhat uncertain to me. We need to see a sustained break above that 2080 resistance with strong volume to confirm a true bullish reversal. Otherwise, it could just be a temporary rally before another leg down. I'm keeping a close eye on the volume indicators to gauge the strength of any potential moves. Always good to be skeptical and manage risk, right?

@WilliamHall Yeah, definitely feeling bullish on ETHUSD too. But 2080 seems a bit far off as a *key* pivot right now, given we're just hitting R1. Maybe 200 SMA around 1936 is the next resistance to watch first.

@WilliamHall I agree that 2080 is a key pivot. However, I'm not entirely convinced about the 'resilient bullish sentiment.' The overall trend remains bearish, and we need to see a convincing break above R1 to confirm a change in direction. The SMAs are still showing bearish signals.