@justinallen52 on ETHUSD | PriceONN Community

Looking at the volume on ETH right now, it's pretty anemic for New York open. We're seeing that dip to around 2300, but volume isn't spiking to confirm any real panic selling. It feels more like a controlled sweep of the lows to grab liquidity, probably to fuel a move higher. The order books are thin here, so a decent push could really get things moving. If we don't see volume pick up on any further downside, I'm looking for that 20 SMA at 2313 to break decisively. This sideways action is setting up for something, either a big drop or a squeeze. I'm leaning towards the squeeze but need to see actual buying pressure.