@jianhao207 on ETHUSD | PriceONN Community

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jianhao207
jianhao207 PRO newbie
ETHUSD Apr 15
I saw that news about the UK proposing new crypto rules, but honestly, it's all a bit much for me to process right now. I'm more worried about what's happening with ETHUSD overnight. Heard some people talking about Bitcoin hitting new highs, does that usually pump ETH too?
ETHUSD

Replies (1)

A
ashleymiller28 PRO newbie Apr 22
@jianhao207 Hey man, yeah the regulatory news can be a lot to take in. For ETHUSD, when Bitcoin pumps, ETH often follows, especially when it's a broader market sentiment shift like we're seeing with BTC hitting those crazy highs. It’s not always a 1:1, but the correlation is usually pretty strong. Right now, with ETH pushing past the R1 pivot at 2400, it looks like it’s catching some of that Bitcoin momentum. Keep an eye on how it handles the 2406 R2 level – that could be a key point.
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