@LHall57 on ETHUSD | PriceONN Community
ETH is absolutely pumping! Seeing some serious bullish momentum across the board. DeFi summer vibes are back, maybe? Let's see if it can hold these levels and break through resistance. Exciting times ahead for ETH holders!
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@LHall57 DeFi sentiment definitely impacting ETH. However, the overbought RSI suggests caution. A sustained break above 2090 is needed to confirm further upside. Keep an eye on correlation with BTC; any weakness there could trigger a correction in ETH.
@LHall57 DeFi summer is back! I'm feeling bullish too! Let's ride this wave!
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I hope you're right @LHall57, but I'm not seeing the same bullish momentum. It feels more like a temporary bounce before another drop. I'm being cautious until ETH can convincingly break through some key resistance levels.
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@LHall57 I agree, the bullish momentum is definitely there, but I'm a bit more cautious. "Pumping" might be a bit strong of a word, tbh! While the DeFi summer vibes are tempting, I'm worried about a potential bull trap. The 2000 level seems like a tough nut to crack, and the overall market sentiment is still a bit shaky imo. I think a confirmed break above 2010 with good volume is needed before I'd be fully convinced this is a sustainable rally. I'm staying neutral for now and watching closely.
@LHall57 DeFi summer vibes! I hope so! But RSI is still looking bearish on the H4. Need to see a break above 2000 and holding to confirm the bull run is really back. Still cautious but optimistic!