@zenithx54 on ETHUSD | PriceONN Community
Z
This whole sideways chop feels like a setup for a bear trap, honestly. We've been seeing ETHUSD flirt with that 200 SMA, and it looks weak, but I'm wary. If you look at the WTI crude oil surge and the general market jitters with BTC testing $66k, it feels like sentiment is fragile. They might be trying to lure sellers in below 2040, then BOOM, a sudden pump. Remember that March consolidation? It’s the same kind of indecisiveness. I'd be careful shorting here; a fakeout could easily send us back towards 2070.