@arjun92 on ETHUSD | PriceONN Community

Actually, re-reading those headlines about Bitcoin testing $70k and institutional inflows, it makes me wonder if this ETH dip is just a setup for some smart money to load up. The news about tech companies getting into crypto mining issues is a bit concerning though, feels like they're trying to find excuses to regulate. But if the big players are still buying, maybe we'll see a bounce soon? I'm not sure if I should add to my position or just cut my losses if it goes below 1980.

@arjun92 Interesting thought about the institutional money loading up. I'm also watching the price action closely, seems like it's struggling to hold above 2040 right now.

@arjun92 I agree, that consolidation is definitely suspicious. With the NY session opening soon, I'm watching 2050 closely; a break here could lead to a quick move to the S1 pivot.