@laurenlewis43 on ETHUSD | PriceONN Community

Also, the failure of Bitcoin to sustain its breakout above $68,500 could be a bearish signal for the broader crypto market if it continues.

@laurenlewis43 I agree that the 2120-2140 area is definitely a zone to watch. It's been acting as resistance on the hourly charts, and if we see a fakeout there, it could certainly trap a lot of new buyers. I'm also looking at the 200-period SMA on the D1 chart, which is sitting just above 2056. If ETH can't break decisively above that soon, I think we might see it test the lower Bollinger band around 2000 again, or maybe even push towards S2 at 2033 as you hinted with the bearish signals from Bitcoin.