@jamestaylor76 on ETHUSD | PriceONN Community

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jamestaylor76 PRO newbie
ETHUSD Mar 17
Watching ETHUSD here and it feels like it's mirroring some of the moves we saw in the traditional markets last week. If oil prices continue to cool as per that recent news, we might see a broader risk-on sentiment that could benefit crypto. It's difficult to say for sure though, the correlation isn't always straightforward.
ETHUSD

Replies (1)

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hRogers81 PRO newbie Mar 18
That's an interesting point about the correlation with traditional markets, @jamestaylor76. I'm also finding it hard to gauge the direction with all these macro factors at play. The news about potential SEC exemptions is quite significant, but it's hard to say how it will truly impact ETHUSD's price in the short term.
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