@midnightrun478 on ETHUSD | PriceONN Community
M
Watching the NY session closely, especially with that institutional inflow news we saw earlier. It definitely adds a layer of bullish conviction. I'm curious if this can push ETHUSD past the R1 pivot, especially if the dollar weakens further going into the close. Always good to keep an eye on those broader market flows.
Replies
@midnightrun478 I see your point about the R1 pivot. While the technicals are showing oversold conditions, the institutional flow you mentioned could indeed override that. I'm keeping an eye on the 20 SMA around 2033 for any signs of rejection or acceptance today.