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Been watching a few YouTube channels analyze ETH's Wyckoff phases today. Most seem to agree we're in a distribution or potentially the start of a markdown phase if we can't hold this 200 SMA on the 4hr. Lots of talk about potential FVG targets lower down around 2200.
Hey @alexander9091, interesting stuff about the Wyckoff phases. I'm not too deep into that myself, but seeing the price push up like this while RSI is high does make me a bit cautious about further upside today. Fingers crossed it holds!
