@quickStorm5 on ETHUSD | PriceONN Community
Q
I'm observing that ETHUSD is currently trading below its 20-day and 50-day Simple Moving Averages. This, combined with the bearish trend indicated in the market data, suggests a potential downward pressure on the price. I'm curious to know if others are considering this a shorting opportunity, or if there are counterarguments based on other indicators or fundamental analysis. Any insights would be appreciated.