@IsiomaEze92 on ETHUSD | PriceONN Community
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ETHUSD is definitely in an interesting spot right now. We've seen a good bounce from the lower 1800s, but that 1939 level, which is our 200 SMA, is going to be a tough resistance to crack. From a fundamental perspective, I feel like the market is still digesting a lot of macro factors, like inflation data and interest rate expectations, which is causing this neutral trend. It's not just about what Ethereum itself is doing, but the broader risk-on/risk-off sentiment across global markets. Daytraders like me have to be extra careful with position sizing during these times. i'm looking for a clear catalyst, either from a major economic report or a significant development within the crypto space, to really pick a direction. Until then, it's about playing the range and protecting capital. What are your thoughts on the next big move for ETH.