@noah829 on ETHUSD | PriceONN Community
N
Been watching some YouTubers discussing the current ETH price action. Most seem pretty divided. Some are calling for a massive breakout past 2400 soon, citing that oil news and the potential for geopolitical instability to drive demand into crypto as a safe haven. Others are more cautious, pointing out that RSI is still super high on most charts and that the Fed's move could really shake things up. One guy mentioned that if the Strait of Hormuz closure continues, it could impact global trade so much it forces a rate cut, which would be bullish for ETH but bad for the economy overall. It’s a lot to digest, and honestly, it just makes me more nervous about holding any long positions right now.